TDS U/S 194Q Turnover Limit
This query is : Resolved
19 June 2021
TDS on purchase applicable u/s 194Q wef 01/07/2021 for Turnover Rs. 10 Cr. or more. This limit of Rs. 10 Cr. is with GST or without GST , please advise
19 June 2021
In the books of accounts ITC is claimed on GST hence it will not be included in turnover. Hence turnover is without GST.
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