TAX DEDUCTED AT SOURCE
Sagar Sahu (3 Points)
11 July 2020
Is TDS applicable on that individual , who have Annual income Rs. 3,00,000 /- ?
1 Replies
CA Raj Doshi
(Practising CA)
(8939 Points)
Replied 11 July 2020
TDS is to be deducted on some specified type payments. It is not dependent on Income. However, if you have interest income/dividend income and your total income does not exceed basic exemption limit,then you can submit form 15G/15H so that TDS is not deducted from such payment.
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