🔗Download our Analysis of Sec 194Q - bit.ly/3pTs5dd 👨🏻🎓Enroll to our practical course in TDS, ITR & GST Filing 👉Enrollment Link - bit.ly/3uENoRn For any Query please connect to us at For Taxation matter & Consultancy - 📞 9718097735 (CA Rajat Garg) 📩info@fintaxpro.in www.fintaxpro.in -Team Fintaxpro
@ayansharma5638 Жыл бұрын
No one can explain better than this.... Thank you
@animeeditamv1064 ай бұрын
Agr kisi f.y. me hum payment pr tds kat rhe starting se, but in the end of f.y. purchase payment se extra ho jati h uss case me kya krna hoga?
@RamsAura6 ай бұрын
Itna cute CA ...😶🌫️....thanks for ur valuable Gyan with cuteness 😅
@souravranjanbarik53463 жыл бұрын
Why for TCS return date for O4 2020_21 not extended . Govt want to implement various changes from time to time . But not look into assessee point of view ,how they are penalised for wrong policy decisions . If TDS return and GST return date was extended one after another . Why not the TCS return date sir .
@borokbosong9922 жыл бұрын
Sir Mera abhi ek bankse TDS deducted horaha hai toh Mera aur ek new bankse withdraw Kiya toh TDS deduct hoga kya?
@jayvadher3468 Жыл бұрын
For 94Q Sir 50 lakh ka t/o w/o gst vali amt. Ka dekhna hai na or 0.1% ka tds bhi w/o gst vadi amt pe cut hoga na
@ananthappandit88993 жыл бұрын
How to calculate TDS in the case of a Petroleum dealer who pays amounts regularly to OMC ( like BPCL, HPCL etc.,). Should TDS be deducted on every payment above Rs.50 lakhs in the year. Say they pay Rs.75 lakhs now and Rs. 20 lakhs later in the year. How to calculate TDS. Please explain. Thanks in advance.
@caanitabhadra91383 жыл бұрын
Very well explained with lot of enthusiasm
@FinTaxPro3 жыл бұрын
Glad you like it. Appreciate your support Ma'am 🙂
@AnkitVerma-qj7ji3 жыл бұрын
Informative Video Sir. Thanks a lot. A lot of clarification done for 194Q. But one thing please answer. If before 1 July 2021, total goods purchased from a party for rs 80 Lac. And payment is made 80 Lac. Without taking this provision. So now is TDS to be deducted under excess 30Lakh. Or now TDS is applicable on fresh purchases done after 1 July 2021.
@harsha20813 жыл бұрын
It means both 194 Q and 206H section are existing, we to collect the TCS and deduct it also if applicable. E.g seller and buyer both have more than 10 cr. Turnover. Seller is selling goods for 80 lakhs, then seller has to collect TCS and buyer has to deduct TCS.
@FinTaxPro3 жыл бұрын
No, only 194Q will be applicable in this case and buyer need to collect TDS on such transaction
@SandeepKumar-wh5jx2 жыл бұрын
Sir mere ek company hai mere company ka 1st year tha fy 21-22 ka to Tds 194q application nhi tha an mere turnover 40 crore h to applicable h me ye puchna chaa rha hu ki Tds 194 q kse lgega 50 lakh ki limit new year se dekhu ya pichle sall ki purchase consider kru 50 lakh k liy ya new year me 50 lakh ki limit check kru
@Captainfreak73 жыл бұрын
if a buyer purchase in a month of february and makes payment on 1st july 2021 can be tds applied?
@FinTaxPro3 жыл бұрын
No
@rautgulshan6 ай бұрын
Sir ek Query Bata sakte hai kya? 194Q me mene DGVCL ka TDS kata or jo Invoice aaya tha usme TDS kata ke payment kiya but next bill aaya to TDS ka amount outstanding tha
@ayushrajput73592 жыл бұрын
What if buyer starts Business in current year and duing current year turn over cross the 10cr limit as well he buys the goods from particular party also exceeds 50 lakhs ?? So Section 194 q will attract or not ???
@devashishkumar79086 ай бұрын
Sir , if purchasing amount of exceed 50 lac in F.y 2022-23 then TDS will be deduct but next F.y seller amount does not exceed 50 lac then TDS will be deduct or not ? Please tell me Sir.
@bhagyasri47183 жыл бұрын
Sir can u please clarify my doubt.. Let’s consider 3 persons A,B,C A is seller of goods to B. B is buyer of goods from A and C is the ultimate buyer from B 1.If B turnover in 2020-21 is more than 10 Cr and purchased above 50 lakhs from A in Fy 2021-22 then as u said 194 Q is applicable but now if B is selling to C and C turnover is less than 10 Cr in 2020-21 then C cannot deduct TDS u/s 194Q now is it necessary for B to collect TCS u/s 206C(1H)?
@jayantabhujel89313 жыл бұрын
Your background is always aswome sir... great job.
@vickytiwari21503 жыл бұрын
Sir Main R K Tiwari Main ek company me accounts department me work kerta hooo Mera question aap se ye hai Mere company last year 10 caror se above turnover hai Mere yeha steel authority se purchase hota h jiska amount 1.5 caror h 26-06-2021 tk kya ham 1 caror pr TDs jama kerna hoga Hamre yeha april month me hi 50 laks se upar purchase hogaya h
@FinTaxPro3 жыл бұрын
Nahi July m jo ourchase hogi uspe TDS deduct karna hoga aapko
@AjayPC19853 жыл бұрын
Sir/Ma'am, There are many videos on 194Q and 206C 1H on you tube but every has different opinions and my confusions are as below. 1. 50 lakh limit is through total invoice value or Basic value of Purchase or Sale for both sections? 2. Goods means only Traded goods or including Capital goods also for both sections?
@FinTaxPro3 жыл бұрын
Here are answers 1. Sec 206C(1H) we need to consider invoice value and under 194Q we need to consider taxable value 2. There is no clarification on this point so its better to take a broader approach and take capital good as well.
@AjayPC19853 жыл бұрын
@@FinTaxPro Thank you Sir for your valuable reply 👍🙏
@shortvideo_ideas3 жыл бұрын
sir/mem hmlog jise buy karte ha woh tcs lagake bill deta ha and hmlog vi tcs laga ke bechta ha jiska 50lac ke upr ha woh and mujhe yeh janana ha ki 1st july 21 se hmko ka tds on purchase lagega ki nhi????? agr lagega to ek transaction me dono use ho jaiga tcs nd tds woh to galat hoga
@FinTaxPro3 жыл бұрын
Jo aapko TCS laga k bill dete hai unko mail daal k boliye ki aapke uper TDS 194Q applicable h to unko TCS lagane ki requirement nahi h
@FinTaxPro3 жыл бұрын
Baki aap jo sale karte hai unse confirm kar lijiye agar unke uper TDS 194Q lagta hai to aapko unse TCS collect karne ki requirement nahi h
@ratansheet8363Ай бұрын
Sir 194q calculate after discount or before sir kindly reply me
@anjalisorathiya99682 жыл бұрын
For fy 20-21 sec 194Q was not applicable as my turnover for fy 19-20 does not exceed 10 cr,but my purchase exceeded 50 lac.For fy 21-22 sec 194 Q is applicable as turnover in fy 20-21 exceed 10 cr.now my confusion is how to calculate turnover limit of 50 lacs as TDS is on exceeding 50 lac,from which date I should calculate turnover of 50 lac,from fy 21-22(1-04-2021) or I should I consider on all purchase before 1-4-2021 for calculating 50 lac
@rupeshtht3 ай бұрын
सर जी यदि मेने सत्र 2023_24 में अपने क्रेडिटर्स का 194Q में tds काटा था और अपने debtors का tcs 206C (1H) में कटा था तो क्या मुझे सत्र 2024_25 में अप्रैल से tds and tcs कटना पड़ेगा या फिर 50 लाख होने के बाद कटना पड़ेगा
@vijayjagdishgupta3 жыл бұрын
I appreciate the detailing and every minute angle covered by you..
@FinTaxPro3 жыл бұрын
Glad you like it
@mayankgupta21683 жыл бұрын
sir mere pass 1 invoice hai joh 70 lakh ka hai..issme 15 lakh ke services hai jisme 194c ya 194j me TDS kaat liya toh goods joh bacha 55 lakh ka ussme 194Q lagega ke nhi..?
@FinTaxPro3 жыл бұрын
Yes lagega
@mayankgupta21683 жыл бұрын
@@FinTaxPro Thanku Sir for clarity 😊 And i appreciate your super fast reply 🙏🏻
@subratasahu25782 жыл бұрын
in the rpu 194 q act under section in which category
@sachinmalvadkar93233 жыл бұрын
Salary bank account deposit withdrawal limit Kitano hai
@nishankbanka1402 Жыл бұрын
One doubt related to 194Q, If turnover in FY 21-22 exceeds 10cr, So In FY 22-23 we have deduct tds under 194q on purchase of goods. But a particular Seller he still deducting TCS under 206C(1h) on the same transactions. So are we required to deduct TDS on same transaction. if We don't deduct tds on same transaction and tcs in deducted by seller. What are the consequences for the same. 50 lakh limit already crossed in month of april only
@fakeubaby22033 жыл бұрын
50 lakh amount shud be from april 21 to june 21 or in particular month July 21? Pls reply
@FinTaxPro3 жыл бұрын
From April 21
@fakeubaby22033 жыл бұрын
@@FinTaxPro thank you
@fakeubaby22033 жыл бұрын
@@FinTaxPro but Tcs has been already deducted by the party in the month april may and june 2021, still we have to deducted tds on the same month and consider it?
@shreyagandhi8074 Жыл бұрын
Sir, factory me shed construction ka kam chal raha hai to kya us k uper ITC claim kar sakte hai??? Yes or no???? Please give ans with reason.. Thanks...
@pushpalatha36873 жыл бұрын
Thanks for briefly explain
@FinTaxPro3 жыл бұрын
Glad it help
@ia_mahikulwade13183 жыл бұрын
Sir is this section 194q applicable to Local Authority as a deductor?
@user-eg8zg3dd7oАй бұрын
sir.what is defination of goods as per this section.which goods are covered.can u make video on applicability of tds on purchase of fixed assets
@vikrammusale65023 жыл бұрын
THANK YOU VERY MUCH SIR FOR THIS VIDEO. BUT I HAVE ONE QUESTION IF PURCHASE IS MORE THAN 50LAKHS ON BEFORE 01.07.2021 THEN WE NEED TO COLLECT TDS ON THAT AMOUNT ALSO. AWAITING FOR YOU REPLY SIR. MEANS PURCHASE GOODS BEFOR 01.07.2021 70LAKHS THEN WE NEED TO DEDUCT TDS ON 20LAKHS
@FinTaxPro3 жыл бұрын
No because section application from 1.June.2021 so there is no taxability before that.
@vikrammusale65023 жыл бұрын
@@FinTaxPro Thank you
@AnkitVerma-qj7ji3 жыл бұрын
Sir If sellers mention TCS on his bill. But 194Q will override that. So we'll deduct TDS on that purchase. But phir jo TCS seller ke invoice me mention hai uska kya hoga. Uski entry kaise hogi . Please reply.
@FinTaxPro3 жыл бұрын
Ask seller to revise the invoice as you are liable to deduct TDS.
@rajujose12593 жыл бұрын
What if in a purchase there is transportation like service amount is included and we are paying tds on that service amount and if not paying tds on that service amount, how 194q apply..
@sheetalkedia47803 жыл бұрын
I think in journal entry of your PDF, you have calculated tds on wrong amount. TDS should be deducted of such sum exceeding 50 lakhs, right ? 50 lakh*0.1% = 5000 Correct me, if I am wrong.
@FinTaxPro3 жыл бұрын
If it is the first transaction after 1st July 2021 than you are perfectly correct after.
@sheetalkedia47803 жыл бұрын
@@FinTaxPro Thanks, more clear now.
@kansingh59682 жыл бұрын
Nice video thanks sir
@vickyhamid59523 жыл бұрын
HELLO SIR, OUR COMPANY TURNOVER OF RS 9.50 CR IN LAST YEAR 2020-2021, I HAVE 3 MAIN PARTY FOR PURCHASING OF GOODS MORE THAN 1 CR. MY QUESTION IS IN THIS SITUTION 194Q APPLICABLE FOR ME?
@FinTaxPro3 жыл бұрын
No ,as your turnover is less than 10 Cr in previous year. Regards, -Team Fintaxpro
@chiranjitdas85423 жыл бұрын
No.... Previous Year turnover doesn't cross 10 crore
@supramk47753 жыл бұрын
Excellent Sir
@sandeshkadam8509 Жыл бұрын
sir 194q ka kis head of income me refund claim hota hai
@AjaySingh-xd7dz3 жыл бұрын
Dear sir, I am requested you to kindly give me positive answer below mentioned query:- M/s Orbit Power System partnership firm h, iski turnover F.Y. 2019-20 m less then one crore thee, lekin F.Y. 2020-21 m turnover three crore h(up to January 2021). Jisme se 2.2 crore ki sale ek hi person ke sath h, to kya orbit Power system under section 206C (1H) TCS deduct krne ke liye liable h ya nhi, sir pls give me reply 🙏🙏🙏
@FinTaxPro3 жыл бұрын
No because as per Sec 206C(1H) seller turnover should exceed 10 crore in last year and since your turnover is under the limit hence you are not liable to collect TCS under sec 206C(1H) Hope it helps - Team FinTaxPro
@kk-hw1zz3 жыл бұрын
Sir appreciate u for clear the concepts
@FinTaxPro3 жыл бұрын
Glad you like it
@gurpreetsinghmahi64692 жыл бұрын
Whether we have to deduct TDS on every invoice if our turnover is above 10 cr and purchase from buyer above 50 lakh in previous year?
@shrikantpise84362 жыл бұрын
Thanks sir ji
@Csjitender943 жыл бұрын
Tds deduct kb hoga , purchase krenege tb ya payment ke time, means only purchase of 80lakh but payment pending so tds deducted or not
@FinTaxPro3 жыл бұрын
When seller credit in books or payment, whichever is earlier
@jayadurgadevik71503 жыл бұрын
Is there any special exemption to purchases from farmers or market committee?
@FinTaxPro3 жыл бұрын
Not in this section
@syedsubahan44723 жыл бұрын
Hello sir, my company turnover is 12crore but there is no 50lakhs purchase from even single member will this section applies on my company
@FinTaxPro3 жыл бұрын
Yes this section application on you as turnover exceed the threshold limit of 10Cr. However you did not need to deduct TDS of suppliers. Regards, -Team Fintaxpro
@syedsubahan44723 жыл бұрын
@@FinTaxPro Thank you sir ji
@MDANWAR-bd2kj3 жыл бұрын
An assessee is trading in building material like sand, cement etc. and selling these items to local authority i.e. Gram Panchayat. Is this sale will attract GST ??? If yes, then how GST on this transaction will be calculated and collected for payment??
@govindprajapati546311 ай бұрын
Thank you sir
@1552009mahesh3 жыл бұрын
Thank you sir. Very nicely explained. Secondly, thanks for the pdf file which you have shared with us. Appreciate it.
@FinTaxPro3 жыл бұрын
Glad it help
@hariomtulsian73803 жыл бұрын
SIR PLEASE TELL HOW TO CALCULATE BUYERS TURNOVER IT INCLUDES SALE+ GST AUR ONLY SALES URGENT REPLY REQUIRED
@FinTaxPro3 жыл бұрын
Only Taxable value excluding GST
@88priya82 жыл бұрын
sir, if we purchase goods 05.05.2023 , then we have to check turnover for 2021-22. Am i right sir . Plz guide.
@alexabraham15883 жыл бұрын
Dear Sir : Please let me know if Sec 194Q is applicable to Foreign companies being a buyer ?
@Vihan.pipaliya07033 жыл бұрын
SIR, TDS Applicable on Invoice Value Or Taxable Value?
@FinTaxPro3 жыл бұрын
Taxable Value
@sanjeevbothra27103 жыл бұрын
TO limit of 10 cr should be considered with GST or without GST?
@FinTaxPro3 жыл бұрын
Without GST
@debiprasadpanda58073 жыл бұрын
50lakh limit is inclusive of GST, insurance, freight, packing forward charge or only total amount of taxable value during the period
@FinTaxPro3 жыл бұрын
No consider only Taxable value
@FitnessRaj2113 жыл бұрын
Thank you very much Tds on taxable value is correct
@FinTaxPro3 жыл бұрын
Yes
@SunilSingh-er2lo3 жыл бұрын
@@FinTaxPro tds deduct on taxable value. But kaise proof kre ..koi notification hai kya ..
@FinTaxPro3 жыл бұрын
@@SunilSingh-er2lo Yes CBDT has issued circular no 13 of 2021 dated 31st July 2021, where it is clearly specified that TDS under Sec 194Q shall be deducted on taxable value. We have made a complete vide on that please refer this video. kzbin.info/www/bejne/h5OcanyIg9Nph7s
@SunilSingh-er2lo3 жыл бұрын
@@FinTaxPro thanks sir
@dheerajgupta9153 жыл бұрын
There is a doubt. If a seller doesn't have 10 cr turnover in P.Y.as well as in C.Y. but have purchase exceeding 50 lac from single seller. Is Sec.194 Q applicable to him?
@FinTaxPro3 жыл бұрын
No
@dheerajgupta9153 жыл бұрын
@@FinTaxPro Thanx
@samatapratyushsaishamishra36923 жыл бұрын
best
@FinTaxPro3 жыл бұрын
Glad you like it 🙂
@debiprasadpanda58073 жыл бұрын
How buyer will know the turnover of seller and vice versa because we have more than 500 sellers and more than 2000 buyers. Will we contact each to know their turnover whether exceeds 10 crore or not ?
@FinTaxPro3 жыл бұрын
You can check it in your account software.
@debiprasadpanda58073 жыл бұрын
@@FinTaxPro Sir, the turnover of our buyer will be reflected only in the books of buyer, not in our book. In our book , we can know the total transaction with that particular buyer.
@hansamaheshwari76113 жыл бұрын
If a person not deduct tcs as per provision 206(c)(1h) then 30%amount will be disallow in tax audit or not?
@FinTaxPro3 жыл бұрын
No because under the concept of TCS assessee is not claiming expenses rather need to collect TCS on sale so there is no point of disallowance u/s 40(a)(ia). Hope it is clear now.
@arjung57313 жыл бұрын
How to deal in case where there is purchase returns??
@FinTaxPro3 жыл бұрын
If in current month TDS can be adjust ,but if already paid to government then cannot be adjust.
@arjung57313 жыл бұрын
@@FinTaxPro can u make video with example to make it more clear?
@ayushagarwal60593 жыл бұрын
If goods value is 55 lacs, discount given 6 lacs,. Amount payable 49lacs. Now what will we consider? 55 or 49
@FinTaxPro3 жыл бұрын
49 Lakh
@ayushagarwal60593 жыл бұрын
Thank you sir
@manasdusange72533 жыл бұрын
Very well explained with PPT..
@FinTaxPro3 жыл бұрын
Glad you like it
@RAJUKUMAR-nt8vk2 жыл бұрын
Sir I purchased from A of 70 lacs in fy 21-22 so I will deduct tds, but i purchased from A of 15 lacs in fy 22-23 , Will I tds deduct of A in fy 22-23?
@nareshpatel68993 жыл бұрын
Ten crore turnover with tax or without tax turnover
@FinTaxPro3 жыл бұрын
Turnover means sales value exclusive tax.
@deepakgiri8393 жыл бұрын
Vivek Bhaiya It is Clearly written in the Memorandum that, A buyer responsible for making payment to a resident seller for purchase of goods is liable to deduct TDS when the value or aggregate value of goods purchased in previous year exceeds Rs 50 Lac please Clear whether it is PREVIOUS YEAR OR CURRENT FINANCIAL YEAR .???
@FinTaxPro3 жыл бұрын
In income tax previous year means financial year
@ravishankararavi21463 жыл бұрын
@@FinTaxPro sir is it fy 20-21 or 21-22 And which need consider Rs 50 lac fy 20-21 or fy21-22 April to June Plz clarify
@pramodtamang70582 жыл бұрын
Whether this is applicable for trust? Please reply. Thank you
@pawanbewal20723 жыл бұрын
Is it applicalbe in vat items like petrol
@FinTaxPro3 жыл бұрын
Yes
@parasochani18702 жыл бұрын
Wow Great you are awesome Vivek Sir.
@audiomemento3 жыл бұрын
Very informative thank you
@FinTaxPro3 жыл бұрын
Always welcome
@devendrakumarjain53353 жыл бұрын
Is it applicable on sale of residential property also pls clarify regards
@rajadey15522 жыл бұрын
Sir 194q m gst v ayega kya??
@pinkeshjariwala7323 жыл бұрын
Sir very nice videos thankyou so much
@ashwanipawar43122 жыл бұрын
Wow ❤️
@annappanaika24753 жыл бұрын
Sir we are doing job work business we raised sales invoice in that can we deduct tcs...pls tell me sir
@parmarnageen77112 жыл бұрын
Good speaking
@ganeshspioneeritsolpl57663 жыл бұрын
What is the Interest rate if payment done after due date i e 7th ?
@FinTaxPro3 жыл бұрын
1.5% per month
@bharatnadhani45323 жыл бұрын
If peoples wants free ratio , vaccine, tax to dena hi parega.
@FinTaxPro3 жыл бұрын
Bilkul
@gudduuuuu3 жыл бұрын
Excellent presentation 👍
@FinTaxPro3 жыл бұрын
Glad you like it
@raghunathachrekar1736 Жыл бұрын
Income tax course ki fees kitani hai
@prankrishnaghosh3 жыл бұрын
Sir Mind Blowing...Tq.
@FinTaxPro3 жыл бұрын
Glad you like it 🙂
@komalgera14513 жыл бұрын
Great detailing
@dominic28273 жыл бұрын
Sir how to claim that tds deduct ...? Please provide a video of claiminh that?
@FinTaxPro3 жыл бұрын
You can claim TDS while filing ITR
@dragonballz30402 жыл бұрын
👌🏻👌🏻👌🏻👌🏻👌🏻👌🏻💯💯💯💯
@vijayjagdishgupta3 жыл бұрын
Sir, in your second example, the TDS amount should have been 5000 instead of 10000, considering 0.1% over and above the threshold limit of 50L. Please clarify if I have missed something
@FinTaxPro3 жыл бұрын
Will check and confirm :)
@anshikashukladanceperforma79213 жыл бұрын
Well explain 👍
@FinTaxPro3 жыл бұрын
Glad you like it
@shivshankar7560 Жыл бұрын
All videos most in most
@casonaljindal36553 жыл бұрын
Very nice Vivek
@FinTaxPro3 жыл бұрын
Thanks ji
@financialsarthis3 жыл бұрын
is it applicable on diesel also
@FinTaxPro3 жыл бұрын
Yes
@otgyt-ls3bh3 жыл бұрын
it s nice
@FinTaxPro3 жыл бұрын
Thanks Vishal
@rampraveshroy86163 жыл бұрын
Big fish traders transfer all tax to consumers. It means 1% goods will be dearer
@radheyshyam3173 жыл бұрын
Sir Ji phir toh tcs deduct krne ki liability remove hi ho gyi sabki is section k ane k baad koi bhi tcs nhi deduct krega sale p
@FinTaxPro3 жыл бұрын
Nahi esa nahi hai agar buyer k upper TDS nahi lagega tab TCS collect karega seller
@vipulsingh70263 жыл бұрын
🙏 very nice sir👍
@FinTaxPro3 жыл бұрын
Glad it helps
@rajeshsinghrawat32823 жыл бұрын
Well explain bro
@snehasishmohapatra73703 жыл бұрын
Sir if u minutely read sec 194Q (5) (b) in the finance bill it clearly says that sec 194Q shall not apply to a transaction on which tax is collectible u/s 206C other than 206C(1H) . So in a way,the interpretation comes out that TDS U/s 194Q is still applicable even on transaction on which TCS is collectible by seller under 206C(1H) . Sec 194Q(5)(a)/(b) excludes only those transaction on which either TDS under any other section is deductible or TCS is collectible u/s 206C other than 206C(1H). The memorandum explaining the Finance bill also reiterates the same law initially. But it has clarified the same as an exception saying only TDS U/S 194Q shall be applicable and not both TDS u/s 194Q and TCS u/s 206C(1H). So there appears to be a anomaly still exists in the drafting of law in the finance bill. Govt should clear this confusion and come out with clarity along with guidelines for its applicability.
@FinTaxPro3 жыл бұрын
Dear to understand 194(5)(b) we also read its corresponding section 206C(1H) Sec 206C(1H) clearly says that if TDS is deducted under the provision of TDS then sec 206C(1H) shall not apply . Now reading the same with 194Q, it is quite clear that when there is any contradiction in these two sections, then 194Q shall prevail. The same point is also clerify in memo to Finance bill. Hence as per our point of view it is quite clear that 194Q is override section. However lets wait for hope CBDT will clarify this cause with some FAQ.
@snehasishmohapatra73703 жыл бұрын
@@FinTaxPro That's true. It's always better to have applicability of only one either TDS194Q or TCS 206C(1H) but not both and TDS is more preferable than TCS. Also applicability of 44IA appears to be draconian as it disàllows 30% of the expenses 25% of 15lakh I. e 375000 just for 5000.Govt should relax this.
@FinTaxPro3 жыл бұрын
@@snehasishmohapatra7370 correct :)
@accountsjob54483 жыл бұрын
Baapre
@radheyshyam3173 жыл бұрын
Sir ji phir toh tcs ka section remove hi kr dena chaiye law m s