TDS to be Deducted without Including Indirect Taxes :CBDT Guidelines

CBDT Guidelines

The Central Board of Direct Taxes (CBDT) has issued a circular laying down guidelines for Section(s) 194-O, 194-Q & 206C of the Income-tax Act, 1961, to remove difficulties faced by taxpayers & to ease compliance.

Among others, CBDT has clarified that if the component of VAT, sales tax, excise duty, CST, GST, etc., have been indicated separately in the invoice, then TDS under section 194Q is to be deducted without including such indirect taxes.


Click here for detailed official circular:

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