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Former Member
May 02, 2008 at 02:36 PM

minimum and maximum amount for withholding tax base.

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hi,

we have maintained minimum and maximum amount for withholding tax base amount for section 194j at tax code level.

minimum base amount is Rs 20000/-.

we have booked the invoice Rs10000/- at the time tds was not deducted because tax base amount is Rs10000/-. now iam booking vendor down payment Rs15000/-. now it is not deducting TDS. my doubht is already we have Rs 10000/- invoice amount now we are giving Rs15000/- advance. it is crossed the our max base amount limit Rs20000/-. why it is not deducting the tds while booking the downpayment.

please give me any solutions on this issue.