Section 194Q TDS Audit
Section 194Q & 206C(1H) Verification Utility
Audit TDS on purchase of goods under Section 194Q and TCS under Section 206C(1H) completely offline. Track PAN-wise aggregate purchases exceeding ₹50 Lakhs.
Output View: Section 194Q TDS AuditOffline Desktop Result
Section 194Q Threshold Breach & Audit Schedule
THE AUDIT BOTTLENECK
Traditional Manual Process & Exposure
Checking whether buyer Section 194Q TDS or seller Section 206C(1H) TCS applies on high-value transactions requires tracking cumulative vendor purchases across the entire financial year.
Manual Excel Friction Steps:
- ✕Aggregating purchase bills by seller PAN across multiple ledgers
- ✕Checking when cumulative purchases cross the ₹50 Lakh threshold
- ✕Differentiating between turnover limits (>₹10 Crore in prior FY)
HOW CACONTROL AUTOMATES IT
Rule-Based Desktop Precision
CAControl aggregates purchase vouchers by PAN, flags the exact date when the ₹50 Lakh threshold is breached, and calculates 0.1% TDS under Section 194Q.
Key Benefits & Safeguards:
- PAN-wise cumulative purchase tracker exceeding ₹50 Lakhs
- Prevents 30% disallowance under Section 40(a)(ia) for non-deduction
- Generates Section 194Q audit schedules for Form 3CD
Topic FAQs: Section 194Q & 206C(1H) Verification Utility
Clear statutory guidance and technical implementation details.
Yes. If Section 194Q applies to the buyer, Section 206C(1H) TCS does not apply to the seller.