Limit of Rs 50L u/s 194Q & 206C(H)
kunwar saw (intermediate) (25 Points)
09 September 2022kunwar saw (intermediate) (25 Points)
09 September 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177824 Points)
Replied 09 September 2022
Correct, the TDS is applicable only over the purchases made above Rs. 50 lakhs.
In case purchase doesn't exceed 50 lakhs no question of deducting TDS u/s. 194Q of the act.....
kunwar saw
(intermediate)
(25 Points)
Replied 13 September 2022