alleryStart learning →A buyer must deduct 194Q TDS on goods purchased from a resident above what yearly value?
ARs 25 lakh
BRs 10 lakh
CRs 1 crore
DRs 50 lakh
Answer & Solution
Correct answer: D. Rs 50 lakh
TDS under 194Q is deductible only on the sum exceeding Rs 50 lakh of purchases from a resident seller.
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Related questions
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