TDS 194Q Eligible?
karthi keyan (20 Points)
05 June 2023Is it eligible to deduct TDS 0.1% for my supplier?
Anybody please suggest
karthi keyan (20 Points)
05 June 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178111 Points)
Replied 06 June 2023
No.
As per explanation to section 194Q, the term ‘buyer’ means -- A person having total sales/ gross receipts/ turnover exceeding INR 10 Crores in the immediately preceding Financial Year in which the specified purchase of goods took place.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178111 Points)
Replied 09 June 2023
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