Job work tds
Sayed Nabil (385 Points)
13 March 2024
what is the theresole limit of job work for tds deduction
7 Replies
RAJA P M
("Do the Right Thing...!!!")
(128106 Points)
Replied 13 March 2024
30k for single bill or 100k for consolidated value...
Khush Trivedi
(3951 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
Threshold for the said section is 30,000 in single Transaction or 1,00,000 in Aggregate
Sayed Nabil
(385 Points)
Replied 03 April 2024
If pan number is not available so how much tds will be deducted in this case
Khush Trivedi
(3951 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
Still if you can't get PAN then you have to deduct TDS @ 20% for not providing PAN
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