TDS on Goods (Section 194Q) Ready Reference Guide
July 12, 2021
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What is the applicability? With effect from 1st July, 2021; On aggregate value of purchase exceeding INR 50 lacs from
What is the applicability? With effect from 1st July, 2021; On aggregate value of purchase exceeding INR 50 lacs from
Section-194Q (Tax Deducted at Source (TDS) On Purchase of Goods)-In this article we will know what clarification CBDT provide on
The Finance Act 2021 has introduced two new changes in rules relating to TDS (Tax deducted at source) or TCS
In the Budget 2021-22, a new section 194Q introduced which will be effective from 1st July 2021. In order to
Section 206AB and section 206CCA were proposed in the Finance Bill 2021. These sections provide for a higher deduction of
The Finance Ministry has brought a ‘New Taxation Regime’ to simplify the Income Tax Act. There is prevailing confusion as
According to the Income-tax Act, a person engaged in business or profession is needed to maintain regular books of account
Tax planning comes under financial planning. It is difficult to avoid taxes, you can strategies to lower the tax outgo
Chapter VI-A of section 80C clarify about complete information about deductions from Gross Total Income. It is important to note
The Government of India has provided certain exemptions on purchase or construction of house property which are inducted in the
