Tds

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SHAILY GUPTA

SHAILY GUPTA (Querist)
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13 January 2015 what is the threshold transaction n grossing up??

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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13 January 2015 it means its like a celing limit and till the threshold amount as mentioned in a particular section no tds to be deducted.

grossing up means adding tds to net amount like gross amount = tds + net amount

Rupesh Jain

Rupesh Jain (Expert)
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14 January 2015 threshold :means amoun on which tds not applicable or any tax not applicable

grossup: means tds will paid by you ]
like on rs.100 Tds rs.2 then you have to deduct the tax on gorss the amount.

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