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Section 194Q of Income Tax Act: Applicability, TDS Rate,Turnover Limit

Section 194Q of Income Tax Act: Applicability, TDS Rate,Turnover Limit

 

Section 194Q​ of the Income-tax Act deals with the deduction of tax at source (TDS) on the payment of any sum to a resident for the purchase of any goods. The tax shall be deducted at the time of credit or payment, whichever is earlier.​

FAQ> on TDS on purchase of goods

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