The Central Board of Direct Taxes (CBDT) has inserted a new Section 194Q in the Income-tax Act 1961 on Wednesday, 30 June. It applies to buyers, who are responsible for paying any sum to any resident ...
The Finance Act, 2021 inserted a new Section -- 194Q -- in the Income-Tax Act, 1961: PTI Buyers will have to deduct tax at source at 0.1 per cent of the amount paid for goods for all purchases made ...
New Delhi, Dec 7 (PTI) The government on Tuesday informed Parliament that some farmer-owned dairy cooperatives in the country are protesting against the decision to tax milk cooperatives under Section ...
The Finance Minister, Nirmala Sitharaman, is set to present the Interim Budget on February 1, 2024. Expectations from all sectors of the economy are high. Tax Rationalization and Simplification: ...
The tax is being introduced through a new section 194S in the Income-tax Act, 1961 The exchange will have to deduct the tax when the same is an intermediary Tax deduction under 194Q of the Act would ...
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