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Sec194 da

This query is : Resolved 
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(Querist)
20 February 2015 Sir, For the limit of 100000 under 194 DA any receipt before 01.10.2014 will be counted or ignored Regards
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
20 February 2015 For checking the threshold limit of Rs. 1,00,000 payment before 1.10.2014 will be taken since the proviso to the said section used the word 'during the financial year' which may be understood as beginning from 1.4.2014.
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