New Circular on Sec 194Q TDS on Purchase of Goods | Practical FAQ

[@shrikantpise8436]

Sir aapki teach awesome he

[@FinTaxPro]

Glad you like it

[@kansingh5968]

Nice video thanks sir.

[@priyankasharma-ht3kk]

Can we deduct TDS belongs to TDS fy 2020 in fy 2021

[@minalSathe-g6m]

Sir.in case of advance payment.rs.50 lacs should be excluded while calculating tds? because tds is first applicable on amt over 50 lacs.pls let us know.what if for example.advance payment is of rs.55 lacs and bill later raised say next month of rs.1 crore.how will be tds calculation.pls reply

[@rahulkashi4]

सर जमा कैसे होगा quaterly या monthaly जिस company से हम purchase करते है वो अपने ladger मे debit कर दे रहा है tds amount

[@vikashtiwari3421]

Sir plz reply Purchase amount :4800000/- GST@18% :864000/- Total Bill Amount :5664000/- Whether TDS u/s 194Q is applicable or not

[@sandhisamir3299]

Very very informative Vivek sir 🙌

[@RRRAMCREATIONS]

HPCL petrol purchase invoice as under 206 C(1H) tcs vs 194q Applicable???? both applicable?????

[@KHANSONY78]

How to journal pass entry for Advance on purchase of goods and invoice raised later after 3 days again purchase is made for 2and lot and the same invoice raised after 3 days at this time how is the TDS deducted in the above case as payment is always on advance basis

[@joydipbose1136]

Sir can you please explain the circular with practical example, Sending declaration to seller by mail is not approved in CBDT

[@rameshmakwana9284]

If purchase is 50 lakh, tds is applicable?

[@gudiya5074]

Sir that means if value of goods exceeded 50L tds and tcs both are applicable???Buyer should cut tds or should a seller collect tcs??

[@FinTaxPro]

TDS section 194Q shall override Sec 206C(1H)

[@vikrammusale6502]

Sir credit means purchase bill entry in our book kya

[@FinTaxPro]

Yes

[@vikrammusale6502]

@@FinTaxPro Thank you very much

[@rameshmakwana9284]

Purchase Rs. 50 lakh means from 1-4-21 or 1-7-21?

[@jaypanjwani4112]

Happy CA Day Sir

[@taxsarovar1887]

Hi, the video is great . But you could have tried to elaborate point 4.2.2 (ii) as it is more elaborative.

[@SunilSingh-er2lo]

Sir Delhi to out of india goods sale kiye or courier company mere office se goods le gya .. or courier company same state me hai but courier services charges k bill pe igst lgya hai bill diya hai or bill pe place of supply other territory diya hai...ye sahi h kya .. kon c rules k under hai pls share kre

[@businessguideline9038]

Happy CA day sir

[@A_vinaytailor]

How to calculate tds on invoice of 55 lakh including gst ??

[@Captainfreak7]

if a buyer purchase in a month of february and makes payment on 1st july 2021 can be tds applied.?

[@FinTaxPro]

No

[@sestrcmsedcl3751]

Respected Sir, Would like explain the applicability of TDS on electricity Bill issued by Maharashtra State Electricity Distribution Co. Ltd. I wish your all dreams come true, Thanks and Regards,

[@mayurshah4047]

SIR, PLEASE REPLY ME TDS U/S 194Q TO BE DEDUCTED ON ELECTRICITY BILL OF MGVCL OR NOT.

[@dipeshkumar5650]

Sir abhi tcs nahi katana hai kya

[@surajprasad5272]

Sir mere ko , basic knowledge se Kahiye sir

[@prahalladmuduli8261]

Sir, kuchh free course milega

[@shinewings9519]

Aaj hi ke din VAT ki hatya huyi thi😜

[@FinTaxPro]

😂😂

[@trimmahmehdi]

Happy CA day

[@FinTaxPro]

😍🥰

[@sk.ashifjalal4380]

Happy CA day sir.❤️ My question is let suppose I do my business through Amazon so I fall under 194O. Do my creditors charge me TCS if I fullfil the threshold hold limit of 50 lac and turnover of 10 cr?

[@FinTaxPro]

No

[@sk.ashifjalal4380]

@@FinTaxPro Thank you so much sir.