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TDS 194T Applicanility

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(Querist)
27 January 2025 R/Experts

My query is. We will have to deduct the TDS on Salary and Interest to be paid to partners on 31.03.205 for the FY 2024-25

or It is not Applicable in FY 2024-25.

Thanks
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Nabin Agarwal

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Nabin Agarwal (Expert)
27 January 2025 As mentioned in the Finance Bill, the provisions of Section 194T shall be made applicable from 1st April, 2025.
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