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Tds return

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(Querist)
28 May 2019 Hello Expert,

As government in Interim Budget 2019, increased limit u/s 87A from 2,500/- to 12,500/-
Whether one have to file TDS return and issue Form 16 to their employee if Total Income of employee is less than 5,00,000/- for FY 2019-20.
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
28 May 2019 No need if taxable income is less than Rs.5,00,000/-
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C.A. Mayur J. Raiyani

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C.A. Mayur J. Raiyani (Expert)
29 May 2019 No need to file if Total Income is below 5 Lakhs




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