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What is the meaning & definition of "THRESHHOLD LIMIT" in
TDS?

Answer Posted / t

minimum amount on which tds has not to be deducted,

Is This Answer Correct ?    4 Yes 1 No



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2231


If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?

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