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Income Tax Section 194 N

TDS / TCS 558 views 4 replies

Good Evening Sir,

         How to Get Agriculture Produce Market Committee License?

 

Replies (4)
This is not agricultural produce market...
committee
sec 194 N is a different section..
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.
_-----

APMC registration has direct connection to 194N section First Read, know and reply . Requesting...
Sec 194 N
relates to cash withdrawal but I cannot relate only for payment to farmers.
If your query is so.
Good..
@ Vijaybabu
Hope you will soon get affiliated to APMC in order to get 194N Exemption.

You had a valid question Sir. 👍


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