banner_ad

TDS deduction

This query is : Resolved 
Profile Image

Profile Image

(Querist)
20 January 2008 what is the limit of amt for deducting TDS on it, kindly send me the details as soon as possible, thank you
Profile Image

S.RAVICHANDRAN

Profile Image

S.RAVICHANDRAN (Expert)
20 January 2008 IT depends on the nature of transactions. if it is contract transaction the limit is Rs.20000.If it is brokerage or agency commission it is Rs.2500/- and if it is interest other than bank interest , it is Rs.5000. All are per annum basis.
Profile Image

Amit Sharma

Profile Image

Amit Sharma (Expert)
21 January 2008 (1)total aggregate of all the bills should exceed 50,000

OR

(2)Gross amount of one bill should exceed 20,000
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details