Tag: Section 194IC

TDS on Payment under Joint Development Agreement – Section 393(1) (194IC)

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The provisions relating to TDS on payments under Joint Development Agreements have been restructured under the Income-tax Act, 2025. The earlier Section 194IC of the Income-tax Act, 1961 is now… Read more »

Section 194IC – TDS on consideration paid under a Joint Development Agreement

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Time of Deduction- At the time of credit or payment, whichever is earlier. Deductor- Any person paying any sum by way of consideration under Joint Development Agreement. Deductee- TDS Rate-… Read more »