I have a client who purchase coal and furnish form 27C as they are using coal for captive consumption. Thus TCS is not collected by seller.
however as coal is good and not covered by tcs anymore should I deduct tds u/s 194Q?
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Liable to deduct tds if tcs is not collected by reason of form
Replies (1)
Since the tax was ultimately not collected, i think tds will be deductible
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