Whether one is liable to collect TCS u/s 206C(1H) on sell of paddy to industries engaged in production of rice?
If we talk about reverse case whether TDS u/s 194Q is liable to be deducted on purchase of paddy if it exceeds the limit stated?
Harshad (Student) (33 Points)
14 June 2021Whether one is liable to collect TCS u/s 206C(1H) on sell of paddy to industries engaged in production of rice?
If we talk about reverse case whether TDS u/s 194Q is liable to be deducted on purchase of paddy if it exceeds the limit stated?
Ankit Neema
(2742 Points)
Replied 14 June 2021
Harshad
(Student)
(33 Points)
Replied 15 June 2021
So it means there is no exclusion of Agricultural products u/s 206C(1H) and 194Q?