Query regarding TDS and its interest

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This query is : Resolved

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This discussion addresses a query about Tax Deducted at Source (TDS) when the £100,000 threshold under section 194C is exceeded mid-financial year. The user wants to know if they need to revise all previous returns or if they can simply deduct and deposit the full TDS amount in the month the limit was crossed, along with applicable interest. The advice given is that TDS can be deducted and deposited as soon as the limit is exceeded, for all payments made up to that point.

Rishabh Pal

Rishabh Pal (Querist)

15 June 2025
Hello,
i want to ask as the threshold u/s 194C is Rs. 1,00,000/- aggregate during a financial year so let's suppose this limit cross in December of a financial year and we did not excepted it will cross, so we have not deducted TDS from start , so now whether we have to revise all our returns and have to deposit TDS with interest or can we just deposit whole of the TDS in december showing date of deduction as 1-12-YYYY in the return.

Thanks

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

15 June 2025 You are allowed to deduct the TDS as and when it crosses the limit and deposit in the relevant month for the full payment made till the date.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

27 September 2025 Good luck..

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