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Kapadia Pravin 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.
APMC registration has direct connection to 194N section First Read, know and reply . Requesting...