https://www.taxtmi.com/acts?id=37048 Section 194M requires individuals and Hindu undivided families (not otherwise obliged) to deduct tax at source when paying residents for contract work, commission or brokerage, or professional fees at the time of credit or payment, subject to a monetary threshold and using statutory definitions; section 194N requires specified banks, cooperative societies and post offices to deduct tax at source on aggregate cash payments to a recipient exceeding a statutory cash threshold during the previous year, subject to listed exclusions and further notifications. en-us Wed, 24 Jul 2019 16:36:33 +0530 Mon, 29 Jul 2019 15:20:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37048 Section 194M requires individuals and Hindu undivided families (not otherwise obliged) to deduct tax at source when paying residents for contract work, commission or brokerage, or professional fees at the time of credit or payment, subject to a monetary threshold and using statutory definitions; section 194N requires specified banks, cooperative societies and post offices to deduct tax at source on aggregate cash payments to a recipient exceeding a statutory cash threshold during the previous year, subject to listed exclusions and further notifications. Act-Rules F. Acts / Amendment Acts Wed, 24 Jul 2019 16:36:33 +0530 https://www.taxtmi.com/acts?id=37048