SBS and Company LLP is a trusted brand that offers a comprehensive range of financial services. With their expertise in accounting standards, audit, cost accounting, and more, they provide valuable solutions to businesses. One of their key specializations is their deep knowledge and understanding of tax laws.

They are well-versed in the recent amendments to tax regulations, particularly Section 206C and 194Q under the Finance Act. These amendments have brought significant changes to tax collection at the source (TCS) and tax deduction at source (TDS) for the sale and purchase of goods. SBS and Company LLP helps businesses navigate these complex tax requirements, ensuring compliance and minimizing any potential issues.

They provide guidance on the applicability of both Section 194Q and Section 206C (1H), clarifying when TDS and TCS are required. Their experts also address specific issues that may arise, such as the treatment of payments made before and after July 1, 2021, the threshold for tax deduction, and the inclusion of indirect taxes in turnover calculations. For reliable and comprehensive financial services, SBS and Company LLP is your trusted partner.

Trust them to provide accurate advice and expert solutions to meet your tax and financial needs