Whether electricity qualify as goods for applying TDS 194Q
Whether electricity qualifies as “goods” for applying TDS under Section 194Q. Is Electricity “Goods”? Electricity is not defined in the Income-tax Act. However, it is treated as goods under the following: Sale of Goods Act GST Law (movable property) Customs Tariff Meaning of “Goods”: Not defined in the Income Tax Act. Other laws (Sale of …