Interplay between TDS u/s 194Q and 206C(1H)

The department introduced the TCS on sales of goods by introduction of section 206C(1H) w.e.f 1st Oct-2021. Thus bringing the goods under the ambit of TCS. They did not stopped here and went a step further and proposed to introduce TDS on goods by introduction of section 194Q w.e.f from 1st July-21. Thus drastically changing […]

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