banner_ad

TDS and TCS on Electricity Bill

This query is : Resolved 
Quick Summary
TDS u s 194Q is not applicable on electricity payments as per CBDT Circular 13 2021. If the electricity company collects TCS, TDS u s 194Q is not required.

Profile Image

Profile Image

(Querist)
20 October 2022 1. Whether TDS @ 0.1% u/s 194Q has to be deducted on payment of electricity bill above 50 lacs during a year ?

2. What, if electricity company is already deducting TCS @ 0.01% on sale of energy to customers ?

Please guide me in both cases.
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
20 October 2022 1. No. As per Circular Number 13/2021, dated 30.06.2021, provisions of section 194Q is not applicable on Transaction in Electricity.
2. No TDS u/s. 194Q, when TCS is deducted by supplier.
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
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details