Tax withholding/collection has always been an area of contention between the taxpayers and the tax deductors/collectors. The Finance Act 2020 introduced provisions with respect to tax withholding on e-commerce transactions and tax collection on the sale of goods. The Finance Act 2021 introduced provisions with respect to tax withholding on the purchase of goods. Timely clarifications have also been issued around TDS/TCS applicability around certain specific issues.

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