TDS -194Q -Payment for purchase of goods

1060 views 23 replies
The query needs to be more explicit.
This is also a good example of dual deduction.
ankit things are right in front of you. but if you still cant comprehend then I cant help.

Yes it will be applicable if the conditions of 196q met

Agreed with veer, He is saying for different components in same contract will attract TDS under two different sections.

like for material 194q and for balance 194C

NOTE: One can not agree by himself in front of others saying he is correct by creating dual accounts

Yes sir, agreed with veer sir
Thank you all 🙏🙏
Thankyou ramaraju and surekha ji
Yes , Dual deduction is there , sorry Veer I have misinterpreted the word dual deduction. You mean that particular bill items may fall in two sections, then obviously TDS is required to be deducted in those different sections, as per expenditure wise.
like bill include material and contract charges then 194Q for material and 194C is for contract.
I am glad that now you understand.
no grudges.

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