Regarding section 194 N

I have shop of money transfer and my turnover is exceeding the limit of 1Cr. My business is not registered too in gst so I don't have any invoice.
I mostly earn 15-2000 Rs in a month.
1) The amount which is deducting in form of TDS in 194 N ..will it be refunded.
2)it's not brokerage or commission then I will be liable for audit.
and if yes, thn how I will get audited if i don't have any invoice or any record except bank statement.
please discuss it with me.
Replies (1)
How have you arrived at turnover above 1 crore

When you need to claim huge amount of TDS , it is imperative that you as a businessman keep everything in order.

For anything more ,mail me -- pnkapadia @ gmail.com

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details