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
Answer ID :
81188
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