194Q Vs. 206C(1H) of the Income Tax act, 1961

CA Preksha Choraria , Last updated: 07 February 2021  
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194Q versus 206C(1H) of the Income Tax act, 1961 The Finance Bill, 2021 has introduced section 194Q - TDS on purchase of goods which is having resemblance to section 206C(1H)- TCS on Sale of Goods brought in by Finance Bill, 2020. There is ambiguity regarding their simultaneous applicability to b

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CA Preksha Choraria
(CA-Practicing)
Category Income Tax   Report

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