banner_ad

TDS u/s 194Q on purchase of diesel

TDS 3012 views 4 replies

My company purchases diesel from a vendor for running our plant. should we deduct TDS if the amount of purchases exceeds 50 lakhs

Replies (4)
Yes...

Yes TDS to be deducted where the purchase exceeds Rs, 50 Lacs during a FY 

0.1% Tds applicable under section 194Q

thank you everyone for your valuable input. i had the same doubt but just decided to ask once


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details