https://www.taxtmi.com/forum/issue?id=119485 The debate concerns commencement of Section 194T (TDS on partner remuneration/interest) and whether an express commencement of 1 April 2025 makes the provision applicable to the financial year beginning that date. Contributors conclude the section-specific commencement controls over any general deemed commencement rule, so the provision governs the financial year starting 1 April 2025 and the corresponding assessment year. The discussion also flags a timing mismatch between TDS deduction and allowability of partner remuneration, and notes practical responses including delayed challan code availability and revising the fourth-quarter TDS return to correct excess deductions. en-us Wed, 25 Dec 2024 11:50:41 +0530 Sun, 26 Oct 2025 22:04:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119485 The debate concerns commencement of Section 194T (TDS on partner remuneration/interest) and whether an express commencement of 1 April 2025 makes the provision applicable to the financial year beginning that date. Contributors conclude the section-specific commencement controls over any general deemed commencement rule, so the provision governs the financial year starting 1 April 2025 and the corresponding assessment year. The discussion also flags a timing mismatch between TDS deduction and allowability of partner remuneration, and notes practical responses including delayed challan code availability and revising the fourth-quarter TDS return to correct excess deductions. Discussion-Forum Income Tax Wed, 25 Dec 2024 11:50:41 +0530 https://www.taxtmi.com/forum/issue?id=119485