TDS u/s 194J Threshold limit

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Threshold limit of 30 thousand
including GST or excluding GST?
Replies (8)
Excluding GST
Gst is never included in threshold limit.
Please note when we report for financial statements sales are reported excluding gst .Please ignore sales projectons that has a different perspective and a different objective.

GST is never included when determining income or expenses for income tax calculations.

When you pay the service provider, the basic amount is their income, and the GST is something they are collecting from you on behalf of the authorities. 

 

Either GST or Tds it should be on taxable value which should not include the taxes

Excluding GST. 

It should exclude GST. Because TDS will be calculated on taxable value and it does not include taxes.

30k excluding GST

Threshhold limit is always exclusive of  GST . 


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