TDS 194Q vs TCS 206CR
amol bramhankar (artical tranee) (266 Points)
21 September 2024amol bramhankar (artical tranee) (266 Points)
21 September 2024
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177896 Points)
Replied 23 September 2024
Que. On Which transaction provision of the section 194Q not applicable?
Ans. The provisions of this section shall not apply to a transaction on which
(a) tax is deductible under any of the provisions of this Act like sec. 194O; and
(b) tax is collectible under the provisions of section 206C other than a transaction to which sub-section (1H) of section 206C applies.