In view of the recent changes, the following data provides summary of newly Inserted Sections in Direct Taxes by Finance Act, 2021. Please provide your valuable insights and queries in the comments section. Insertion of New Sections under Direct Taxes by Finance Act, 2021 Summary of Inserted Sections: Section Number Name of Section Section 89A […]
Below attached file provides analysis of Section 206C(1H) of Income Tax Act,1961. Kindly go through the analysis and provide your valuable insights. In Case PAN not furnished then 1% rate applicable. This Provision shall not apply in case when Buyer is liable to deduct TDS on goods purchased by him. Here Seller shall mean : […]
