Section 194Q : TDS on Purchase of GOODS - Deduction of Tax at Source (TDS), Collection of Tax at Source (TCS) / Withholding Tax - Income Tax

..... Section 194Q : Deduction on payment on certain sum for Purchase of goods. [Inserted by Finance Act, 2021, w.e.f. 01-07-2021] 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 ₹ 50,00,000 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, w .....

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Section 194Q TDS on Purchase of GOODS - Deduction of Tax at Source (TDS), Collection of Tax at Source (TCS) / Withholding Tax - Income Tax

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