Articles by CA Rohit Sonar

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Understanding Section 194T: TDS on Payments to Partners - FAQs

  CA Rohit Sonar    29 January 2025 at 08:48

Section 194T is a new provision introduced by the Finance (No. 2) Act, 2024, effective from April 1, 2025. It mandates Tax Deduction at Source (TDS) on certain payments made by firms to their partners.