25 June 2021
Sir, A gst registered edible oil whole sale and retail business dealer sales of annual turnover rs:3 cores above previous last 3years. Question: Dealer tds and tcs both sections applicable for sec 194q and sec 206 c in it act.
25 June 2021
Not applicable up to turnover of Rs.10 cr. In other words, provisions of 194Q and/or 206(1H) would attract when the turnover/receipts during the preceding year is >10cr
CAclubindia
