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Tds under section 194 q for py 2022-2023
when should tds be deducted under section 194 Q against purchases made in p.y 2022-2023 whether at the time when amt exceed 50lakh during p y 2022-23 or from 1st april 2022?(in 21-22 purchases exceeds threshold limit from that same party )
Replies (2)
At the time when amount exceed 50 Lakh
Per year person 50lacs limit.
Tds will be on the amount in excess of 50lacs
Tds will be on the amount in excess of 50lacs
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