Threshold Limit of 194 Q


This query is : Resolved 

Quick Summary
Experts confirm that the threshold limit of ₹50 Lakhs under Section 194Q is indeed available. This limit is calculated on a yearly basis, commencing from the 1st of April each year.

22 April 2022 Dear Experts,

Can we avail threshold limit of Rs. 50Lakhs yearly U/s 194Q?

22 April 2022 Yes, you can avail.....

22 April 2022 Yes, this is a yearly limit starting from 1st April every year.


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