TDS under section 194Q
meena yadav (90 Points)
07 August 2021
I have a doubt that TDS under section 194Q Applicable on purchase of HSD from india oil corporation.
5 Replies
E.A.RAMESH
(Proprietor)
(33 Points)
Replied 07 August 2021
Kindly clarify whether we have to deduct @ 0.1% on Basic Amount of purchase (or) Gross Value (Basic + GST). Also for computing limit of Rs.50.00 lakhs, whether we have to take Basic Purchase Value (or) Gross Bill Value (Basic + GST).
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 08 August 2021
Tds should be deducted on basic value
Recent Topics
- Loss setoff
- About mismatch of GSTR-2A and GSTR-3B
- New Excel-Based Utility
- Tax slabs mentioned in budget of feb2025
- Https://www.facebook.com/nutragreenfarmscbdgummies
- Balance Sheet FORMAT AS PROP
- Tds challan -ITNS 281 validity period
- Salary Taxable Perquisite – Sale of Asset an
- ITC claim rules
- AUTOMATED FILLING NEFT / RTGS FORM EXCEL UTILITY (
Related Threads
Trending Online Classes
-
Certification Course on GSTR-3B Reconciliation with GSTR-2B through Chat GPT
CA Deepak Gupta26 April 2025
CAclubindia
