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06Jun

TCS on Sale of Goods VS TDS on Purchase of Goods

TCS on Sale Of Goods TDS on Purchase of Goods 1. This provision is governed by Section 206C(1H). 1. This provision is governed by Section 194Q of the Income Tax Act, 1964. 2. It is applicable from 1st October 2020. 2. It is applicable from 1st July 2021. 3. It is applied to sellers of [...]

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TDS

TDS (Tax deducted at source) is a system where the person is responsible for certain payments such as salaries, commissions, fees, interest, rent, etc. Such payments liable to deduct a certain percentage of tax before making payment in full to the receiver. TDS Return filing Starts from Rs.4999/-

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TCS on Sale of Goods VS TDS on Purchase of Goods

TDS