What is the meaning & definition of "THRESHHOLD LIMIT" in
TDS?
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
Threshold Limit in respect to TDS (under Income tax in
India) refers to the gross amount up to which the amount
paid or credited need not be subject to deduction of Tax at
Source. These limits are specified under the relevant
sections of the Income Tax Act, 1961 (Eg. Sec 194C, 194I, etc.)
| Is This Answer Correct ? | 45 Yes | 1 No |
Answer / pinky
threshhold limit is the gross amt upto which the amount
paid or credited does not come under tds deduction. if
threshhold limit is crossed then tds is deducted
| Is This Answer Correct ? | 21 Yes | 1 No |
Answer / ravi dixit
Threshhold limit is the gross amount upto an assessee not
bound to pay any amount to the govt as TDS if he/she cross
that limit then he/she's eligible to pay the TDS as per
prescribe TDS rates.
| Is This Answer Correct ? | 14 Yes | 1 No |
Answer / s. narendra kumar
Minimum Amount not to be deducted TDS
For eg: Rent 194 I 1.80 Lakhs P.a ( For Plant & machniery &
Other )
i donot know exact Definition.
| Is This Answer Correct ? | 10 Yes | 6 No |
Answer / rahul sachan
the initial level of income or money earned above which people or companies must pay tax
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / a/c
full from of tds
TAX DEDUCATION SOURSE
HOWEVER INCOM DEDUCATION FOR TICHENICAL FEES, COMM.
| Is This Answer Correct ? | 5 Yes | 7 No |
Our Factory in Gurgaon(Hrayana) & our another Branch(Shop)in Delhi.we are stock transfer factory to branch so what form we used & why.Please send me my mail id-rabinayak30@yahho.co.in Thanks(RABI)
If we purchase material against Form-C from Mumbai and two address mentioned in the invoice i.e.invoiced address - Delhi and Shipped address-Banglore(material delivered address).So,from-C should be issued from which state.
If service provider is a residence complex developer (having apartment) and he receives amount inclusive of tax than how service tax will be calculated on amount received give some example
Can the seller pay sales Tax in Govt.Dept. against sale of material by retail invoice?
what is cenvat credit expain it
20 Answers Hindustan Unilever Limited, IBM, RBI,
I want to know how to calculate VAT / WCT Liability under composition scheme and regular scheme at Karnataka
is vat applicable on services as well? please describe the services under vat?
i dont no what is tcs and tds what the use and how to calculate Tcs&Tds
Assume I paid an advance of Rs 50,000/- from contractor can we deduct TDS on that amount
ON WHICH FBT IS APPLICABLE, WHTS ARE THE CURRENT RATE OF FBT FY-09-10 WHAT IS LAST DATE OF DEPOSIT FBT TAX & RETURN
witch taxes are calculate in CENVAT for Gold ornaments ?
How can calculate tds and vat and what is pay roll. plz send answer immediatly