Summary of section 194Q and 206C(1H)

Last updated: 28 July 2021
Quick Summary
This downloadable flowchart visually breaks down the applicability of Section 194Q (TDS on purchase of goods) and Section 206C(1H) (TCS on sale of goods) in India. It helps determine liability for TDS or TCS based on buyer's and seller's turnover thresholds and transaction values exceeding 50 Lakhs. This resource is invaluable for businesses and tax professionals seeking clarity on these specific tax provisions.

File details
PDF 224 KB 0 downloads Income Tax
File description
Summary of section 194Q and 206C . #pdf
Download PDF 224 KB Like
Submitted by · Posted 28 July 2021 · Other files by Sudiesh · Report
Comments

Recent Files in Income Tax

View more →
PDF

Armed Forces Allowances Exemption Guide 2026

14 August 2026 Download
PDF

CBDT Releases Crypto-Asset Reporting FAQs under IT Act 2025

14 August 2026 Download
PDF

Guidance Note on Tax Audit u/s 44AB of the IT Act, 1961 - Revised 2026 Edition

08 August 2026 Download
PDF

Taxation And Other Laws (Amendment) Bill, 2026

08 August 2026 Download
PDF

FAQs: Taxation and Other Laws (Amendment) Bill, 2026

04 August 2026 Download
PDF

Foreign Assets Information User Guide - Version 1.0 (July 2026)

18 July 2026 Download

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Mukesh SinghMukesh SinghPro Member Venkateshwaran EkambaramVenkateshwaran EkambaramPro Member Ashok JadhavAshok JadhavPro Member KANHA ASSOCIATESKANHA ASSOCIATESPro Member R NATARAJANR NATARAJAN
Subscribe to Pro
Join an elite circle of professionals


Popular Files


  1. RBI Second Amendment Directions, 2026
  2. Review of Guidelines on Concentration Risk Management - Rural Co-operative Banks
  3. MTP Series I & II for CA Final Nov 2026 Exams
  4. CBDT Releases Crypto-Asset Reporting FAQs under IT Act 2025
  5. Guidance Note on Tax Audit u/s 44AB of the IT Act, 1961 - Revised 2026 Edition
  6. Taxation And Other Laws (Amendment) Bill, 2026
  7. Armed Forces Allowances Exemption Guide 2026
  8. FAQs: Taxation and Other Laws (Amendment) Bill, 2026
  9. ICAI | 77th Annual Report and Accounts for FY 2025-26