Save Rs 499 on a 2-Year Ad-Free Pro Membership. Subscribe Now!

banner_ad

Duty of tds on purchase

This query is : Resolved

Share Report Follow Query Ask a Query

jaigurudev (Querist)
Follow

24 June 2021 dear sir, tds on purchase is applicable from 1.7.2021 if seller charge tcs still i have to pay tds?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

25 June 2021 Ask the seller to stop TCS and deduct TDS if applicable.

CMA Poornima Madhava

CMA Poornima Madhava (Expert)
Follow

25 June 2021 Seller, if applicable, will collect tax at source up to 30th June and from 1st July, the purchaser has to start deducting tax at source, if applicable.
The seller is not required to again collect tax on transactions on which tax has been deducted by the buyer u/s 194Q w.e.f. 1st July.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member GST Karimnagar state

GST Karimnagar state

Pro Member NIKHIL GUPTA

NIKHIL GUPTA

Pro Member Keshav Dubey

Keshav Dubey

Pro Member Swarna Gurumurthy

Swarna Gurumurthy

Pro Member Nehal Ambekar

Nehal Ambekar

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

26 May 2026

Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details

ARTICLESHIP 14 May 2026

CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details

27 May 2026

Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details

23 May 2026

Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details

10 May 2026

Finance specialist

Right way solution

Ajmer

CA

View Details

14 May 2026

ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details

11 May 2026

Post office

Post office

Anakapalle

Others

View Details

24 May 2026

Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details