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Tds section 194i

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30 September 2018 Dear Experts,
On Traces, TDS on Plant & Machinery is going to section what? There is going to 194IB column when we filed a return on section 194I. 194I on our deduction is 2% but traces going as 194IB as 10%. Kindly provide me with a solution.
Thanks

30 September 2018 which section you are referring in the TDS return?

30 September 2018 TDS Section 194I, then Department transferred to 194IB.


30 September 2018 Machinery you have to choose 194IA 2% TDS on Machinery if crosses Threshold limit Rs.180000/- PA

30 September 2018 Thank you very much, Sir.

01 October 2018 You are most welcome



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