{"id":24887,"date":"2022-02-16T10:39:53","date_gmt":"2022-02-16T05:09:53","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=24887"},"modified":"2022-02-17T05:43:50","modified_gmt":"2022-02-17T00:13:50","slug":"tds-provision-section-194q-and-194h","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/tds-provision-section-194q-and-194h\/","title":{"rendered":"Tds Provision Section 194Q and 194H"},"content":{"rendered":"<p>My client is a Kaccha Artia in Anaj Mandi (Grain Market) which sells go ods on Dami (Commission) on auction in Anaj Mandi. The Transaction is as follows: &#8211;<\/p>\n<p>Sale price = 100\/- + Commission = 2\/- + Market Board Fee = 1 total = 103\/- . The buyer is deducting TDS u\/s 194H on Rs.2\/- since the insertion of section 194H. Further, Sale of Kaccha Artia is not treated as Sale u\/s 44AB as per the clarification of CBDT. Now Section 194Q has been inserted since July 2021. Therefore the buyer has starting deducting TDS under both the section. i.e. u\/s 194H on Rs 2 and u\/s 194Q on Rs 101\/-. whereas section 194Q (5) says that the provision of section 194Q to a transaction on which tds is deductible under any of the provision of the Act,<\/p>\n<p>In view of the aforesaid kindly clarify that which section shall be applicable on the above transaction.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[495,211,369,494,229],"class_list":["post-24887","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-sale-of-kaccha-arti","qa_tag-tax-deduction-at-source","qa_tag-tds","qa_tag-tds-u-s-194h","qa_tag-tds-u-s-194q"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/24887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=24887"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=24887"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=24887"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=24887"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=24887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}