VALIDATION OF THE CENTRAL CIVIL SERVICES (PENSION) RULES AND PRINCIPLES FOR EXPENDITURE ON PENSION LIABILITES FROM THE CONSOLIDATED FUND OF INDIA - Finance Act, 2025
VALIDATION OF THE CENTRAL CIVIL SERVICES (PENSION) RULES AND PRINCIPLES FOR EXPENDITURE ON PENSION LIABILITES FROM THE CONSOLIDATED FUND OF INDIA - Finance Act, 2025
TDS under section 194Q now covers transactions previously excluded by section 206C(1H), aligning purchase TDS and TCS rules. The amendment omits from clause (b) of sub section (5) of section 194Q the words that excluded "transactions to which sub section (1H) of section 206C ... Summary
TDS under section 194Q now covers transactions previously excluded by section 206C(1H), aligning purchase TDS and TCS rules.
The amendment omits from clause (b) of sub section (5) of section 194Q the words that excluded "transactions to which sub section (1H) of section 206C applies," thereby removing that specific textual exception and extending the clause's reach to include those transactions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
Join Channel
TaxTMI 
