Tds

This query is : Resolved 

28 September 2014 I have doubt about 194-I that tds deduct if 180000 more payment. it is on per person or aggregate.

28 September 2014 Limit is for payment to one person and not aggregate of payment to different person. If payment exceeds Rs 1.80 Lacs p.a. then TDS required to be deducted @10% if PAN is provided. If PAN not provided then TDS to be deducted @20%.



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