Web13 Apr 2024 · Surface Studio vs iMac – Which Should You Pick? 5 Ways to Connect Wireless Headphones to TV. Design Web1 Feb 2024 · TDS under Section 194C Applicable on the Processing of Milk 14-12-2024; GST Council Meeting: Panel for raising Threshold for Offences to Rs 2 Crores 13-12-2024; GST claims of states to be settled after receiving AG Certificate: Nirmala Sitharaman 13-12-2024; CBDT Issued Circular Regarding TDS from Salaries u/s 192 in FY 2024-23 12-12-2024
Section 194C - TDS on Payment to a Contractor FY 2024-21 - Scripbox
Web24 Jan 2024 · The limit to deduct TDS u/s. 194C is – INR 30,000 – single payment made/ credited to the account of the contractor; INR 1,00,000 – aggregate payment made/ … Web14 Apr 2024 · TDS under section 194C (as work contract) will be applicable on the first type of payment, there will be no TDs under section 194C on the second type of payment e.g. payment by advertising agency to the media company. In CBDT Circular 05 of 2016 dated 29th February, 2016 it is clarified by the Board that no TDS is attracted on payments made … ford 1 ton dually truck for sale
TDS 194C Threshold Limit FY 2024-23 I TDS I TDS Rate Chart by
WebThreshold Limit for deduction tax Rate of TDS applicable for the period or Basic Cut off (Individual /Company and others New Rate %) Summary Individual Company Other If No Pan ... who are not liable to deduct TDS under section 194C, 194H, or 194J. Rs,00,000 5 5 - 20 The threshold Limit of Rs,00,000 payment of Web6 Apr 2024 · Section. Nature of Payment: Threshold Limit (Rs) TDS Rate (%) 192. Payment of salary Basic Exemption Limit: Normal Slab Rate: 192A. ... Individual/HUF payments are exempt from TDS under Sections 194C, 194H, and 194J 50,00,000 5%. 194N. Cash withdrawal exceeding a certain amount: Co-operative society 3crore other 1crore Web12 Apr 2024 · The TDS rate is 0.1% of the purchase value exceeding Rs. 50 lakh. On the other hand, TDS on services is covered under section 194J/194C of the Income Tax Act. As per this section, TDS is required to be deducted on the payment made for professional or technical services, royalty, and non-compete fees. ford 1 ton