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TDS under section 194Q
I have a doubt that TDS under section 194Q Applicable on purchase of HSD from india oil corporation.
Replies (5)
Quick Summary
Kindly clarify whether we have to deduct @ 0.1% on Basic Amount of purchase (or) Gross Value (Basic + GST). Also for computing limit of Rs.50.00 lakhs, whether we have to take Basic Purchase Value (or) Gross Bill Value (Basic + GST).
Deducted TDS on Basic value
Thank you very much mam
Tds should be deducted on basic value
Tds will deducted on basic value only
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