A Detailed Analysis of Section 194Q of the Income Tax Act, 1961

CA Vibhor Kalamkar , Last updated: 02 July 2021
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The Government, vide Finance Act, 2021, has introduced Section 194Q in the Income Tax Act, 1961 (the Act). This section provides for deduction of tax at source (TDS) on payment of sum for purchase of goods with effect from 1st July, 2021. The section reads as follows: 194Q. (1) Any person, being

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Published by

CA Vibhor Kalamkar
(Partner at Bhojwani Kalamkar & Co.)
Category Income Tax Report

A Detailed Analysis of Section 194Q of the Income Tax Act, 1961

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

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Original Price : INR 2999/-

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