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


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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.

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