Regading 194Q - We are running Petrol Pump & Transportation Services / Rental Receipts where our Turnover Exceed Rs. 10.00 Cr. Presently TCs is added to our Purchase Bill - Whether 194Q is applicable/liable to us.
1 Replies
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 02 July 2021
TCS is applicable everywhere. It is a matter of understanding who collects and who gets pays. It’s nice to see Microsoft is also tax blogging: https://support.microsoft.com/en-us/topic/tds-on-purchase-of-goods-under-section-194q
Recent Topics
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
- TDS Provisions applicability Tax Audit Individual
- NAME CHANGE OF HUF
- Advisory for Reporting TDS Deducted by scrap Deale
- Section 194 J Technical Service/Professional Servi
- Solving of Export Related Problems
- Need your valueble insight.
- Softex For freelancer ?
- GST ON REIUMBURSEMENT ENTRY ON GST PORTAL
Related Threads
CAclubindia
