TDS applicability on Purchase of Furniture

TDS 5723 views 4 replies

Dear All,

I have purchased the furniture where cost of furniture is Rs.10 and freight charges is Rs.34000/-. my question is which TDS section is applicable to this transaction whether 194C of 194Q. we have already deducted the TDS under section 194Q on earlier purchases from the same company.

Party raised the invoice in accordance to HSN 9403 

 

Replies (4)

If it is just purchase transaction not job work, then 194Q is applicable.

Have u purchased the required materials for him and the contractor is purchasing for you. In case of 194q the upper threshold limit is Rs.50 lacs.
If it is only purchase of goods, then sec 194Q applicable above 50 lakhs purchase.

In your case, applicable on Rs. 34010/-
So sec 194 q is not applicable.


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