TDS and TCS amendments w.e.f 1st July 2021

Author
View profile
Last updated: 02 July 2021
Quick Summary
This document outlines the TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) amendments that came into effect on 1st July 2021. It covers the new Section 194Q regarding TDS on the purchase of goods, its applicability, deduction rates, and provides case studies for better understanding. This guide is particularly useful for businesses, purchasers, and sellers who need to comply with the updated income tax provisions.

File details
PDF 1.14 MB 0 downloads Income Tax
File description
TDS and TCS amendments w.e.f 1st July 2021 #pdf
Download PDF 1.14 MB Like
Submitted by · Posted 02 July 2021 · Other files by CA Thakkar & Associates · Report
Comments

Recent Files in Income Tax

View more →
PDF

FAQs on TAN as per IT Act 2025

18 September 2026 Download
PDF

FAQs on Tax Audit as per IT Act 2025

18 September 2026 Download
PDF

FAQs on Agricultural Income (Section 2(5) and Rule 270) as per IT Act 2025

17 September 2026 Download
PDF

Withholding Tax Rates as per IT Act 2025

14 September 2026 Download
PDF

ICAI Releases Handbook on Residential Status for NRIs

10 September 2026 Download
PDF

User Manual of UDIN Portal for ICAI DigiCA Platform

01 September 2026 Download

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member sathish kumar ksathish kumar kPro Member Ishwarya Keerthi BIshwarya Keerthi BPro Member kambamcr@gmail.comkambamcr@gmail.comPro Member prasanth konaprasanth konaPro Member Vignesh PaiVignesh Pai
Subscribe to Pro
Join an elite circle of professionals


Popular Files


  1. ICAI Suggestions on GST Registration & Refund Processes
  2. ICAI E-Way Bill Handbook - Aug 2026 Edition
  3. Processing Status of Citizen’s Charter Applications as of Sept 30, 2026
  4. RBI Bulletin - September 2026
  5. RBI | Report of the Advisory Committee on Ways and Means Advances to State Govts
  6. Monthly Economic Review - Sept 2026
  7. ICSI | Exposure Draft of Proposed Syllabus 2027
  8. ICAI Students' Journal: October 2026 Edition

Latest Job Openings

View all
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details