income tax

 

on which amount of payment tds deduction is compulsory if its within limit of payment

Replies (8)

If it is within threshold limit then why to deduct TDS ?????? pls clear ur ques once again , if possible give an example.

your question is not clear poonam

Very vague question.

Depending upon the Nature of payment. Minimum 2,500/- maximum 1,80,000/-

My query is that other than tax audit assessee who has liability to deduct tds mandatory??????/

Company or a Firm has to deduct tax mandatorily other than tax audited individuals.

 

For Salary Income:

ANY PERSON Responsible for paying any income chargeable under the head salaries i.e. all kind of assessees....

 

ANY PERSON other than Individual or HUF not covered under audit in P.Y. immidiately preceeding C.Y. is responsible to deduct tax under other heads

 

Regards

thanks all of u....................................

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