Section 194 Q
This query is : Resolved
Quick Summary
15 September 2021
Purchase from 01/04/2021 to 30/06/2021 4720000.00 (including GST)
Purchase from 01/07/2021 to 31/08/2021 1180000.00 (including GST)
My Question is
(i) TDS to be deduct on what amount?
(ii) TDS while be charge on GST amount also?
(iii) If I have deduct the TDS on amount including GST what should I do?
Please reply us on urgent
Purchase from 01/07/2021 to 31/08/2021 1180000.00 (including GST)
My Question is
(i) TDS to be deduct on what amount?
(ii) TDS while be charge on GST amount also?
(iii) If I have deduct the TDS on amount including GST what should I do?
Please reply us on urgent
15 September 2021
I Deduct TDS on amount exceeding 50 lacs.
ii and iii Exclude GST.
ii and iii Exclude GST.
15 September 2021
While Check the Limit of 50 Lacs it include the GST amount (its means total value of purchase is considered)
15 September 2021
Yes, you are right total value including GST to be considered.
For TDS exclude GST.
For TDS exclude GST.
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
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- RELATED TO TRIBUNAL APPEAL
- Bank details not Visible on Traces Portal
- Taxability of Partnership firm for FY 2025-26
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- TDS AND ITR ISSUE
- RATE AND HSN CODE
- LIC maturity claim whether taxable
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
