Budget 2024: Exclusion of Section 194J Payments from Section 194C w.e.f 1st Oct 2024

Last updated: 26 July 2024


Excluding sums paid under section 194J from section 194C (Payments to Contractors) Section 194C of the Act provides for TDS on payments to contractors at the rate of 1% when the payment is being made or credit is being given to an individual or HUF and 2% in other cases. Section 194J of the Act rel

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