New Amendment in TDS – What You Need To Know About Section 194J and 194C?

Tax Deducted at Source (TDS) plays a crucial role in the Indian tax system as it ensures income taxes are collected at the source. In this regard, an amendment has recently been suggested to clarify TDS provisions under Section 194C and Section 194J of the Income Tax Act. This amendment directly tackles the confusion that led to incorrect deductions of TDS. In a quick read through this blog, we will discuss the New TDS rules under Section 194C and 194J, the effect on taxpayers and provide some insights on how you can remain compliant.

https://www.jaagrukbharat.com/new-amendment-in-tds--what-you-need-to-know-about-section-194j-and-194c-MTE4NQ==

 

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