Tds

This query is : Resolved

sunil (Querist)
Follow

01 August 2011 Dear All,
Please suggest me that how much aggregate amount we can payment in a day asuming that payment doner is company.
My querry regarding rule 6DD can we payment Rs 100000 in day to the one transporter against seperate GR or Bills.

Regards,
Sunil Pareek

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

01 August 2011 Assuming you are asking about threshold hold limit in TDS under section 194C payment in single Rs.30000 and bills aggregate Rs.75000 and SEC.194J Rs.30000. but payments are not specified in a day basis, for full details you download TDS rate chart from files section