TDS on purchase of goods under Section 194Q of Income Tax Act. As Applicable from 1st July, 2021. As per provisions of section 194Q of the Income Tax Act, TDS is deductible if- The buyer is responsible for making payment of a sum to the resident seller; and Such payment is to be done for the […]
Category Archives: Taxation
Is there any late fee if GSTR 1 is filed after the due date? The COVID 19 pandemic has been largely disruptive to the growth of India. With an ever-increasing corona virus cases, lockdown was considered as an only solution to flatten the curve. However, the measures which were implemented to avoid a human disaster, […]
