Deduction of tax at source on payment of certain sum for purchase of goods ( Section 194A) along with guidelines u/s 194Q vide circular no. 13 of 2021.TCS provisions in respect of amount received as a consideration for sale of goods exceeding Rs 50.00 Lacs along with clarification by way of circular 17/2020 dated 29.09.2020 and press release dated 30.09.2020. Cross application of section 194O with 206C(1H) and 194Q.
CA ROHIT Kapoor qualified in 2007 with 14 years of practical exposure in field of Direct Taxes with specialization in Search and Seizure cases, and Appellate work. He is vice chairman of AIFTP(NZ) Direct tax committee. He is author of many articles published on various platforms i.e. Taxman, Tax Management India and Tax Sutra from time to time and delivered various seminar on Direct Taxes , to Industry and Professionals.