Please let me Know if we make the payment of Rs 40000/- (Single payment) u/s 94i Should i deduct the TDS or not applicable as the Threshold limit Rs 180000/-
srabanti malakar (4 Points)
13 April 2017Please let me Know if we make the payment of Rs 40000/- (Single payment) u/s 94i Should i deduct the TDS or not applicable as the Threshold limit Rs 180000/-
Mahesh Babu
(CA Final)
(618 Points)
Replied 13 April 2017
No, not required to deduct any TDS on such payment as the total amount U/S. 194I not exceeds 1,80,000/- for relevant FY
Dixit
(CA Final)
(2405 Points)
Replied 13 April 2017
Originally posted by : Mahesh Babu | ||
No, not required to deduct any TDS on such payment as the total amount U/S. 194I not exceeds 1,80,000/- for relevant FY |
Agree with Maheshbhai