As per Section 194Q, TDS is applicable on the purchase of goods, given that the amount exceeds Rs. 50 lacs. As per Section 206C (1H), TCS is applicable on the sale of goods, given that the amount ...
The Ministry of Finance has delayed the provisions related to TDS (Tax deducted at source) and TCS (Tax collected at ... payments to vendors from July. The goods and services (GST) tax is ...
The government could consider in the upcoming Budget levying TDS/TCS on sale and purchase of cryptocurrencies above a certain threshold and such transactions should be brought within the ambit of ...
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