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Ca Bhavya Rambhia

Latest Posts by Ca Bhavya Rambhia

TDS under Section 194Q v/s TCS under section 206C(1H)

June 10, 2021 36369 Views 4 comments Print

 ♦ Who is liable to deduct TDS u/s 194Q? Buyer will deduct TDS of seller As per section 194Q, When a Buyer who is responsible for paying any sum to any resident seller for purchase of any goods of the value or aggregate of such value exceeding Rs.50 Lakhs during the year, he shall deduct […]

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