Date: 01st July, 2021

Dharampal Satyapal Limited

Survey no. 107,Lasudia Mori Dewas Naka,
Indore (M.P.)

Re: Declaration for FY 2021-22 for purchase of goods wef 01.07.2021 for the purpose of section 194Q read
with section 206AB and Provisions of section 206C(1H) of Income Tax Act, 1961 (“of the Act”)

Dear Sir / Madam,

We, M/s. ____________________, having Permanent Account Number ________________, is resident in India

and hereby declare as under:
1. Turnover of our firm / company during Financial Year 2020-21 was more than Rs. 10 Crores.
Therefore, our firm / company is liable to deduct tax u/s 194Q of the Act @ 0.1 % of sale
consideration to be paid / credited to your company on or after 01.07.2021 by us on the amount
exceeding Rs.50 lacs during the current financial year. Hence, we request you not to take any action
to collect tax under provisions of section 206C(1H) of the Act.

Or

Turnover of our firm / company during Financial Year 2020-21 was not more than Rs. 10 Crores.
Therefore, our firm / company is not liable to deduct tax u/s 194Q of the Act. You may, therefore,
continue to comply with provisions of Section 206C(1H) of the Act to collect tax on the amount of sale
consideration exceeding Rs. 50 lacs.

 As confirmed by you that you have duly filed your returns of income for Assessment Years 2019-20
and 2020-21 with income tax authorities and hence provisions of section 206AB is not applicable and
TDS will be deducted under normal provisions of the Act.

I, __________ s/o _____________hereby declare that I am duly authorized to give this declaration and the
information stated above is true to the best of my knowledge and belief. If there is any mis-declaration, our
firm / company undertake to indemnify your company for any interest or any penal consequences thereon.
For_______________

(Signature)

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