Understanding Section 194Q of the Income Tax Act: A Complete Guide

Section 194Q of the Income Tax Act

Understanding Section 194Q of Income Tax: A Simple Guide for Businesses To ensure tax collection at the source of income, the government introduced Section 194Q in the Finance Act, 2021. This section mandates TDS on the purchase of goods and has been effective since July 1, 2021. Understanding Section 194Q is essential for businesses to … Read more