TDS@0.1
amit kumar (31 Points)
01 July 2021
If as a buyer our turn over above 10crore. and seller turnover below 10cr. can we deducted tds-0.1% from the invoices while making payment.
V SUBRAMANIAM
(500 Points)
Replied 01 July 2021
CMA Poornima Madhava
(CMA)
(13097 Points)
Replied 01 July 2021
Yes, you have to deduct tax at source u/s 194Q at the time of credit or payment, whichever is earlier.
CAclubindia
