Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Claim of tds under section 194Q

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Claim of tds under section 194Q
Query (Issue) Started By: - Rakesh Bansal Dated:- 12-7-2022 Income Tax
Income Tax
Sir, my client is a commission agent (Kacha Arhatiya) and is in business of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... selling agriculture crop on behalf of the farmers. During fy 2021-22, their sales of crop exceeded Rs.1.50 Crore and the buyer of crop made deduction of tax at source in accordance with the provisions .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of section 194Q. As a matter of fact/law the turnover in the case of such type of commission agent is the receipt of commission alone. The other amount pertaining to the value of goods has been excl .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... uded from the amount of turnover. My query on the issue is that how to claim and reflect the amount of TDS in the return of income and also how to match it with the turnover in the schedule of TDS. H .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ope my question will be clear.
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates