Analysis of Section 194Q of Income Tax Act along with Section 206C(1H)

CA Harshawardhan Nigade , Last updated: 17 May 2021  
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Analysis of Section 194Q of Income Tax Act The Finance Act 2020 inserted Sub-Section (1H) in Section 206C, which provides collection of Tax by Seller in case of consideration for Sales of Goods exceeds Rs. 50 Lacs in year. And of course with New Year with New Finance Act 2021 new Section 194Q

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Published by

CA Harshawardhan Nigade
(Chartered Accountant)
Category Income Tax   Report

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