Guidelines for Section 194-O and Section 206C (1-I) of Income Tax Act, 1961

Guidelines for Section 194-O and Section 206C (1-I) of Income Tax Act, 1961 Finance Act, 2020 inserted a new section 194-O and sub-section (1H) of section 206C which mandates that with effect from the 1st day of October 2020. After…