Tds section 194i
This query is : Resolved
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
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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