If my supplier turnover is above 10 cr and my turnover is below 10 cr.
Is it eligible to deduct TDS 0.1% for my supplier?
Anybody please suggest
Menu
TDS 194Q Eligible?
Replies (2)
No.
As per explanation to section 194Q, the term ‘buyer’ means -- A person having total sales/ gross receipts/ turnover exceeding INR 10 Crores in the immediately preceding Financial Year in which the specified purchase of goods took place.
Sorry, I am not a featured member...
for featured member contact..
https://www.caclubindia.com/catalogue/featured.asp
Recent Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
