Which Section 194Q or 206C(1H) will be applicable?

CA Pooja Dhoot , Last updated: 24 June 2021  
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1. What is Section 194Q and 206C(1H)? Section 194Q is for Tax deducted at source (TDS) applicable from 01.07.2021 and Section 206C(1H) is for Tax Collected at source(TCS) applicable from 01.10.2020. 2.When is a person liable to deduct TDS u/s 194Q and TCS u/s 206C(1H)? TDS is to

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CA Pooja Dhoot
(Practice)
Category Income Tax   Report

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