Tds on Transporters against Bilities

This query is : Resolved

Sanchit (Querist)
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31 March 2022 Dear Sir,
We have Deducted TDS of Several Transporters against their Bilties in the F.Y. 2021-22, Now for the F.Y. 2022-23, whether we will start deducting TDS from their 1st Bilty or we will have to cater as fresh start and check the threshold limit (Rs. 30000/- against 1 transaction or Rs. 100000/- overall) again in F.Y. 2022-23.
Kindly resolve the query asap.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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31 March 2022 We will have to cater as fresh start and check the threshold limit (Rs. 30000/- against 1 transaction or Rs. 100000/- overall) again in F.Y. 2022-23.