Regarding TDS 194Q w.e.f 1 April 2025
This query is : Resolved
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Jaswinder singh
(Querist)
06 May 2025
Respected Colleagues
From April 2025 TCS on sale above 50 Lakhs removed, Now only 194Q Applicable
my ques is:
if buyer having turnover below 10 Cr last year but seller having above 10 cr then in this TDS u/s 194Q is mandatory to deduct? or we only check buyer turnover in this case for TDS deduction?
Please clarify
From April 2025 TCS on sale above 50 Lakhs removed, Now only 194Q Applicable
my ques is:
if buyer having turnover below 10 Cr last year but seller having above 10 cr then in this TDS u/s 194Q is mandatory to deduct? or we only check buyer turnover in this case for TDS deduction?
Please clarify
06 May 2025
Only the buyer's criteria needs to be checked for TDS deduction u/s. 194Q.
Jaswinder singh
(Querist)
06 May 2025
Ok sir thank you so much
06 May 2025
You are welcome.
28 September 2025
Good luck.....
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