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Job work tds

Sayed Nabil (307 Points)

13 March 2024

what is the theresole limit of job work for tds deduction

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7 Replies

sabyasachi mukherjee (26089 Points)
Replied 13 March 2024

Irrelevant querry

RAJA P M ("Do the Right Thing...!!!") (127179 Points)
Replied 13 March 2024

30k for single bill or 100k for consolidated value...

Khush Trivedi (1864 Points)
Replied 13 March 2024

Job work will be considered as a Contract Service as the applicable TDS section will be 194C of Income tax Act so you need to Deduct TDS @ 1% in case of Individual & HUF & @ 2% on other than Individual & HUF

Threshold for the said section is 30,000 in single Transaction or 1,00,000 in Aggregate

1 Like

sabyasachi mukherjee (26089 Points)
Replied 15 March 2024

That is tds threshold limit

Khush Trivedi (1864 Points)
Replied 15 March 2024

He asked the same !!!!!

Sayed Nabil (307 Points)
Replied 03 April 2024

If pan number is not available so how much tds will be deducted in this case

Khush Trivedi (1864 Points)
Replied 03 April 2024

Kindly request supplier to furnish the PAN & then otherwise check GST no. if available or not as it also include PAN no. after state Code

Still if you can't get PAN then you have to deduct TDS @ 20% for not providing PAN