we are eligible to deduct tds on purchase. I want to know abt deductable amount if we purchase from Mr ram rs 80 lakh. then how much tds to be deduct is that on 80 lakh or on 80 lakh minus exempt 50 lakh
so tds is 8000 or 3000
plz confirm amount
Menu
Tds 194q after exempt or on total
Replies (2)
Quick Summary
RS. 3000/-
After exemption limit i.e. 3,000/- [(80 lakh - 50 lakh)*.10%]
Recent Topics :
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
Related Topics :
CAclubindia
