Easy Office
LCI Learning

Which will be taxable amount for calculate TDS after cross threshold limit

This query is : Resolved 

02 March 2024 Dear Sir, after taken from last bill of contractor, his threshold limit is cross 1 lakh, now contractor total bills Ledger amount is 130,000/-
then which will be taxable amount for calculate his TDS ,
on overall total amount (130000) Or exclusive threshold limit 1 lakh. ( on only Rs. 30000 )
Thanks

03 March 2024 On overall total amount TDS applicable.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query