Single payment us 94i

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Please let me Know if we make the payment of Rs 40000/- (Single payment) u/s 94i Should i deduct the TDS or not applicable as the Threshold limit Rs 180000/-

Replies (2)

No, not required to deduct any TDS on such payment as the total amount U/S. 194I not exceeds 1,80,000/- for relevant FY

Originally posted by : Mahesh Babu
No, not required to deduct any TDS on such payment as the total amount U/S. 194I not exceeds 1,80,000/- for relevant FY

Agree with Maheshbhai

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