Limit to calculate tds

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 January 2016 for section 194 C, 194J , 194I
ceiling limit to deduct TDS whether exclude TDS and then check
30000 single payment or 75000 P.A ( 194C)
30000 (194J)
1,80,000 ( 194 I)

28 January 2016 Yes,threshold limit given by you are correct

28 January 2016 What ever amount mentioned is correct with respect to TDS and TDS Section, amount Ceiling Limit include TDs


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 January 2016 dear sir, inadvertently word Used TDS
for limit calculation whether to exclude service tax amount.

29 January 2016 tds not applicable on servicetax if clearly mentioned in invoice,.
as per Circular 01/2014 dated 13.01.2014 .
So servicetax cannot be considered in caluculation of threshold limit



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries