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Querist : Anonymous (Querist)
20 September 2011 what is meant by threshold limit?
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CMA Ashutosh Kumar Gupta

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CMA Ashutosh Kumar Gupta (Expert)
20 September 2011 it is the cut off point beyond which certain rate/rules becomes applicable, in simple words it can be taken as exemption limit, e.g to apply TDS on Rent, threshold limit is Rs.180000/-annual w.e.f. from July'11.

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