{"id":35129,"date":"2023-07-26T11:01:48","date_gmt":"2023-07-26T05:31:48","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=35129"},"modified":"2023-08-10T06:29:35","modified_gmt":"2023-08-10T00:59:35","slug":"tds-under-section-194h-194q","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/tds-under-section-194h-194q\/","title":{"rendered":"TDS under section 194H &amp;194Q"},"content":{"rendered":"<p>My client is a Kaccha Artia in Anaj Mandi (Grain Market) which sells goods on Dami (Commission) on auction in Anaj Mandi to soyabean solved plant. The Transaction is as follows: \u2013<\/p>\n<p>Sale price = 100000\/- + Commission = 2000\/- + Market Board Fee = 100 total = 102100\/- . The buyer is deducting TDS u\/s 194H on Rs.102100\/- and if the purchase value goes above 5000000 lakh through out year after that they deducting TDS u\/s 194Q on total purchase value.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 and u\/s 194Q.<\/p>\n<p>Kindly clarify that they are following right method.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[749,1027,211,494,229],"class_list":["post-35129","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-commission","qa_tag-sale-price","qa_tag-tax-deduction-at-source","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\/35129","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=35129"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=35129"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=35129"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=35129"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=35129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}