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Minimum Taxable amount in Withholding Tax

Hi Experts,

Can we deduct withholding tax based on current Income Tax rule in 194C

“Where single payment does not exceed Rs. 30,000 or aggregate payment does not exceed Rs. 100,000 “ .Threshold limit is there for aggregate payment, but for deducting TDS when the single invoice exceed a specific limit is not found anywhere in SAP Business One

Expecting your valuable answers

Thank & Regards

Janeesh TG

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