TDS DEDUCT IN FILLING DIESEL IN MY TRUCK
This query is : Resolved
05 September 2021
WE HAVE TRANSPORT COMPANY AND FILLING DIESEL IN OWN TRUCK MY TURNOVER IS EXCEES 10 CR AND ALSO FILLING DIESEL IN YEAR ABOVE 50 LAKH I AM NOT PURCHASE OR SALE DIESEL WE DEBIT IN DIESEL EXPENSES PLEASE TELL ME I AM LIABLE TO DEDUCT TDS UNDER SECTION 206 OR ELSE
05 September 2021
Yes, you are liable to deduct TDS under section 194q at 0.1%.
Message likes :
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06 September 2021
It's 50 lacs...........
06 September 2021
THANKS SIRJI LAST IS CALCULATION FROM 1ST JULY 2021 OR 1ST APRIL 2021
06 September 2021
Calculate from 1st April but TDS applicable from 1st July.
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