I'm trying to figure out what my threshold limit is. I need to know the maximum amount or level that I can reach before something changes or before a certain action is triggered.
5 answers
HanRiverWave
Sat Dec 14 2024
This limit determines the maximum amount of payment that can be made without incurring any TDS (Tax Deducted at Source).
IncheonBeautyBloom
Sat Dec 14 2024
Payments that do not surpass this prescribed limit are exempt from TDS deductions.
Davide
Sat Dec 14 2024
Once the payment exceeds the threshold limit, the TDS provisions come into effect.
Stefano
Sat Dec 14 2024
A threshold limit represents a financial boundary.
DigitalLegendGuard
Sat Dec 14 2024
Compliance with TDS regulations is mandatory for transactions exceeding the specified threshold.