Section 194Q TDS deduction Vs 206C(1H) Tax Collected at Source

Section 194Q TDS deduction Vs 206C(1H) Tax Collected at Source The hot topic of discuss in all tax forums is deduction of tax on purchase of goods. Why is this provision in place now when already TCS was being collected by Suppliers from their buyers from October 2020? TCS all this while was applicable all sellers whose turnover was above 10 Crores and the responsibility […] https://ift.tt/eA8V8J TaxGuru