banner_ad

TDS 194 Q

This query is : Open 
Profile Image

Profile Image

(Querist)
01 July 2021 Sir,

Total purchases exceed from X party 50 lac
Shall we need to deduct TDS u/s 194 Q on bills received prior to 01.07.2021, which were due for payment Or Not. plz clarify.

Than Q
Profile Image

Deepa B

Profile Image

Deepa B (Expert)
01 July 2021 As per clarification released by CBDT on 30.06.2021, the provision of section 194Q will not be applicable on the sum, if either credit or payment of such sum has happened before 01.07.2021. Refer CBDT circular 13/2021-Guidelines under section 194Q of the Income-tax Act, 1961
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


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
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details