Question ID :
41088
TDS-194Q
Is tax required to be deducted under section 194Q for purchase of gift cards/vouchers?
Posted by
Manisha
on
Jul 01, 2021
Filed Under
DIRECT TAXES
Yes if the prescribed limits of value breached.
Posted by
CA. JHA SHANKAR KUMAR on
Jul 15, 2021
Answer ID :
81285
If buyer buys more than 50 Lakhs at 0.50% on excess over 50 Lakhs as per section 197 Q
Posted by
Hari Beldona on
Aug 30, 2021