Digital Transformation on New TAX TDS SAP S/4HANA and ECC

Complying with new TDS Tax rules on Payment for purchase goods effective from 1-July-2021

Any person, being a buyer who is responsible for paying any sum to any resident(herein in this second referred to as the seller) for purchase of any goods of the value or aggregate of such value exceeding five lac rupees in any previous year, shall, at the me of credit of such sum to the amount of the seller or at the the me of payment thereof by any mode, whichever is earlier.

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