Whether provisions of Section 194Q will be applicable on transfer of unlisted shares

FCS Deepak Pratap Singh , Last updated: 21 July 2021  
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As you know that provisions of Section 194Q are become applicable from 1st July,2021. This Section provides that a purchaser of goods/services shall deduct TDS @0.1% from amount paid or to be paid or credited in sellers account if his total purchases during year exceeds Rs. 50.00 Lakhs and his turno

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Published by

FCS Deepak Pratap Singh
(Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.))
Category Income Tax   Report

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