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What is threshold limit in respect to tds
Sir, Please help me if tds threshold limit is crossed by any amount then tds should be deducted on which amount the whole amount or exceeding amount?
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Tds will be deducted on whole sum in that case. For example, threshold limit u/s 194-I is Rs.1,80,000 for previous F.Y. and total rent received exceeds this amount then tds is to be deducted on whole amount not over and above Rs.1,80,000.
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