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Income Tax Section 194 N

vijaybabu (B.Com) (48 Points)

19 November 2019

Good Evening Sir,

How to Get Agriculture Produce Market Committee License?

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4 Replies

sabyasachi mukherjee (25983 Points)
Replied 19 November 2019

This is not agricultural produce market...
committee
sec 194 N is a different section..

Kapadia Pravin (17249 Points)
Replied 20 November 2019

Exemption from TDS on cash withdrawal under section 194N for making payment to farmers – Central Government specified the commission agent or trader, operating under Agriculture Produce Market Committee (APMC)– Notification No. 70/2019-Income Tax Dated 20th September, 2019

Vijaybabu , you are right sir. To get Exemption from TDS under 194N, you need to be registered with concerned APMC.

For this purpose you approach to APMC market office in your area or contact fellow traders to know APMC registation process to become a licenced member of APMC.
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APMC registration has direct connection to 194N section First Read, know and reply . Requesting...