TDS 194Q clarification

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sir our turnover FY 20-21 is 11 crore
and our turnover FY 21-22 is 6 cr.
i have doubt that is shoud i deduct TDS 194q or not.
Replies (2)

This will not apply to individuals who had a gross turnover of less than Rs. 10 crores in the year before the year in which items are purchased.
No TDS u/s. 194Q applicable in the FY 2022-23.
 

Sec 194 Q here applies to every individual.


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