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

CA Preksha Choraria , Last updated: 07 February 2021 Share Follow on Google News

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

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About the Author

CA Preksha Choraria

CA-Practicing

* Chartered Accountant *Experience in Direct, Indirect taxation, Company Audit, ROC Compliances, Trust, GST and Government GST and finalisationfor 6 years * Secured AIR 19 in CA Finals conducted by ICAI, November 2014 * Secured AIR 11 in CA IPCC conducted by ICAI, November 2011 * Secured 2 Rank in Gujarat, CA C ... Read more

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