TDS on Purchase of Goods: Section 194Q

In this blog, we will see the functionality of how TDS will be applied on Purchase Invoices in Sage X3 for Section 194Q of the Income Tax Act. As per the requirement, the TDS rate of 0.1% is applicable to be deducted if the value or aggregate purchase value exceeds Rs. 50 Lakhs. This will … Continue reading TDS on Purchase of Goods: Section 194Q