Tds. query

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consultant
64 Points Posted on 21 November 2022
Respected Sir. Our client has crossed 10 crore turnover in 2021.22. TAN number came this week. So can you advise which tds provisions are applicable. please sir
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On 21 November 2022 at 10:58 Report
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This discussion clarifies TDS provisions for a client whose turnover surpassed 10 crore in the 2021-22 financial year. Section 194Q of the Income Tax Act is confirmed to be applicable due to the turnover threshold. Additionally, other relevant TDS provisions under the Income Tax Act will apply as and when they become relevant.

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GST Practitioner & Accounts
15146 Points Posted on 21 November 2022
Section 194 Q of the income tax will applicable, if your turnover exceeds 10 crore, please refer section 194Q . also all other provisions of TDS will also applicable as per the Income tax Act , as and when applicable.
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On 21 November 2022 at 11:51
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PROPRIETOR
169 Points Posted on 23 November 2022

Thank you very much for your reply sir

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On 23 November 2022 at 14:51

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