Applicable sec 194Q and 206c for edible oil dealer
This query is : Resolved
25 June 2021
Sir,
A gst registered edible oil whole sale and retail business dealer sales of annual turnover rs:3 cores above previous last 3years.
Question:
Dealer tds and tcs both sections applicable for sec 194q and sec 206 c in it act.
A gst registered edible oil whole sale and retail business dealer sales of annual turnover rs:3 cores above previous last 3years.
Question:
Dealer tds and tcs both sections applicable for sec 194q and sec 206 c in it act.
25 June 2021
Not applicable up to turnover of Rs.10 cr.
In other words, provisions of 194Q and/or 206(1H) would attract when the turnover/receipts during the preceding year is >10cr
In other words, provisions of 194Q and/or 206(1H) would attract when the turnover/receipts during the preceding year is >10cr
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
