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Tds on Purchase of Furniture

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(Querist)
08 July 2023 If a individual, (Audit Not applicable) purchases a furniture above Rs 50 lakhs including GST for personal use. Will it attract Tds ?

If yes then under which section?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
08 July 2023 As the purchase is for personal use, sec 194Q IT will not apply.
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H Thakar

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H Thakar (Querist)
08 July 2023 Thank you for the reply.

Further as per my thinking, other section 194M also would not be applicable?
Kindly advise
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
08 July 2023 No, that is for services and not over purchase of goods.
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H Thakar

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H Thakar (Querist)
08 July 2023 Understood. I later came to know that it is finished goods and not work contract.

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