TCS charged on electricity bill

This discussion clarifies the application of TCS (Tax Collected at Source) on electricity bills, specifically concerning charges levied in April and May and the subsequent applicability of Section 194Q in June. It addresses whether TCS needs to be paid to the vendor and how TDS under 194Q should be handled for the June bill, noting that 194Q provisions apply from July onwards based on turnover if both buyer and seller meet the conditions.