If we receive the DG Rent invoice from Landlord (GST Invoice) and Diesel invoice (Debit Note) without supporting documents. So, Can we deduct the TDS on Diesel invoice? Please explain.
Thanks
RAHUL JOSHI (Student CA IPC / IPCC) (29 Points)
14 June 2021If we receive the DG Rent invoice from Landlord (GST Invoice) and Diesel invoice (Debit Note) without supporting documents. So, Can we deduct the TDS on Diesel invoice? Please explain.
Thanks
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 14 June 2021
veerendar singh
(tax consultant)
(3301 Points)
Replied 14 June 2021
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 14 June 2021
As of now, TDS u/s 194Q is not applicable on purchase of goods. So no TDS on purchase of diesel.
TDS u/s 194I would apply in respect of rent.
I'm not sure whether it would be correct to deduct tax at source because there is no supporting document. Under what section you intend to deduct tax at source in this case?
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies