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Former Member
Sep 04, 2014 at 07:13 AM

WHT - Threshold Limit for 194C

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Hello Experts,

As per Indian Income Tax law, TDS on contractor should be deducted as per following:

1. TDS should be deducted if single invoice is more that Rs.20000

or

2. TDS should be deducted if cumulative invoices exceed Rs.50000, in a year. In this case, TDS should be deducted on all earlier invoices in that year

Can we achieve this?

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Meena