banner_ad

Section 194Q....

This query is : Resolved 
Profile Image

Profile Image

(Querist)
30 June 2021 Whether 50 lacs shall include gst amount for the purpose of purchase limit of 50 lacs under section 194Q
Profile Image

CMA Poornima Madhava

Profile Image

CMA Poornima Madhava (Expert)
30 June 2021 To my understanding, no.
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
01 July 2021 No need to consider GST amount to check the threshold,becuse the wording of clause(1) is "........ for purchase of any goods of the value........".
Profile Image

Gourav dewangan

Profile Image

Gourav dewangan (Querist)
01 July 2021 Thanks for the reply.
One more question. On which amount TDS to be deducted, whether excluding gst or including gst
Profile Image

CMA Poornima Madhava

Profile Image

CMA Poornima Madhava (Expert)
01 July 2021 Excluding GST
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details