Question And Answer | |
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Subject: | Effective date as to applicability of Section 194T |
Category: | Income-Tax |
Querist: | CA Chhajed Abhay d. |
Answered by: | Reply of the Expert is awaited; |
Tags: | Section 194T |
Date: | December 12, 2024 |
Respected Sir,
I have followng query:
As per Finance (No.2) Act, 2024, as passed by Parliament, newly inserted Section 194T has been made effective from 01/04/2025. Whether it means it is effective from AY 2025-26 or it means requireemnt of TDS are applicable in respect of amount paid or creidted on and from 01/04/2025, i.e. from AY 2026-27?
Thanking you.
Reply of the Expert is awaited. Please check back later
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