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TDS@0.1
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.
Replies (2)
Quick Summary
Yes.buyer to deduct tds for purchase over 50 lakhs.from the seller.
Yes, you have to deduct tax at source u/s 194Q at the time of credit or payment, whichever is earlier.
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