CBIC notifies applicability of TDS and TCS provisions w.e.f. October 01

Govt. notifies applicability of Section 51 of the CGST Act relating to tax deduction at source w.e.f. October 01, 2018 for following class of persons as specified under Clauses (a),(b),(c) and (d) of sub-section 1 of the said section; The mentioned class of persons include authority or a board or any other body set up by an Act of Parliament or a State Legislature or established by any Government, with fifty-one per cent or more participation by way of equity or control to ca...