Rule 86B and income tax paid

This discussion clarifies the application of Rule 86B concerning the 1% GST payment in cash. The key question is whether income tax paid via TDS (Tax Deducted at Source) counts towards the £100,000 threshold that exempts businesses from this rule. The consensus is that if your total income tax paid (including TDS adjustments) exceeds £100,000 in the previous financial year, Rule 86B is not applicable, regardless of whether the tax was paid directly in cash or adjusted through TDS.