Tax Management India. Com
                        Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts Notifications Circulars Classification Forms Articles News
Highlights
D. Forum
What's New
Sub-Menu

Share:      

        Home        
 
Home Acts & Rules Income Tax Act Income-tax Act, 1961 Chapters List Part B Deduction at source This
← Previous Next →
  • Login
  • Notifications

 

User Login
Username  
Password  
Stay sign in     

Forget password       New User/ Regiser


Register for Demo / Trial


Annual Subscription Offer

With popular demand, we introduce:-
Special offer on GST Package for Professionals
i.e. CA/CWA/CS/Advocate/Others @ 2500/- +GST



 

Section 194Q - Deduction of tax at source on payment of certain sum for purchase of goods - Income-tax Act, 1961

Extract

..... 1[Deduction of tax at source on payment of certain sum for purchase of goods. 194Q. (1) Any person, being a buyer who is responsible for paying any sum to any resident (hereafter in this section referred to as the seller) for purchase of any goods of the value or aggregate of such value exceeding fifty lakh rupees in any previous year, shall, at the time of credit of such sum to the account of the seller or at the time of payment thereof by any mode, whichever is earlier, deduct an amount equal .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Section 194Q - Deduction of tax at source on payment of certain sum for purchase of goods - Income-tax Act, 1961

X X   X X   Extracts   X X   X X

..... the Board may, with the previous approval of the Central Government, issue guidelines for the purpose of removing the difficulty. (4) Every guideline issued by the Board under sub-section (3) shall, as soon as may be after it is issued, be laid before each House of Parliament, and shall be binding on the income-tax authorities and the person liable to deduct tax. (5) The provisions of this section shall not apply to a transaction on which- (a) tax is deductible under any of the provisions of th .....

X X   X X   Extracts   X X   X X

Login / Subscribe to Access Full Page

Section 194Q - Deduction of tax at source on payment of certain sum for purchase of goods - Income-tax Act, 1961

X X   X X   Extracts   X X   X X

 

← Previous Next →

 

 

 

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || Database || Members || Refer Us ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.
|| Site Map - Recent || Site Map || ||