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TDS US 194Q

This query is : Resolved 

27 March 2023 Dear Sir,

If Buyer Turnover less Than 10 cr & if yearly purchase is exceed the 50 lakh
then it may required to deduct Tds Us 194Q

regards,

27 March 2023 One of the conditions is... buyer whose turnover or gross receipt or sales in the immediately preceding financial year should be more than Rs 10 crore, for applicability of TDS u/w. 194Q of IT act, in current FY.


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