What is the meaning & definition of "THRESHHOLD LIMIT" in
TDS?
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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 |
the amount of tds is remain same shall will be deducted by deductor or deductee
My salary is Gross 17000/- pm and 1 salary is added as bonus total CTC is 2.21 LPA. Is am eligible for incometax. Kindly revert .
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