{"id":896,"date":"2025-03-15T17:07:40","date_gmt":"2025-03-15T11:37:40","guid":{"rendered":"https:\/\/cajdshah.com\/blog\/?p=896"},"modified":"2025-03-20T16:33:29","modified_gmt":"2025-03-20T11:03:29","slug":"new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t","status":"publish","type":"post","link":"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/","title":{"rendered":"New TDS Provisions for Partnership Firms and Limited Liability Partnerships (LLP): Section 194T Effective April 1, 2025"},"content":{"rendered":"<section class=\"wpb-content-wrapper\"><p>[vc_row css=&#8221;.vc_custom_1737018360849{margin-bottom: 20px !important;}&#8221;][vc_column][vc_column_text]<\/p>\n<p><span style=\"font-weight: 400;\">The Finance Act 2024 has introduced <\/span><b>Section 194T<\/b><span style=\"font-weight: 400;\">, a major amendment to the <\/span><b>Tax Deducted at Source (TDS)<\/b><span style=\"font-weight: 400;\"> framework specifically impacting <\/span><b>Partnerships Firms and Limited Liability Partnerships<\/b><span style=\"font-weight: 400;\"> in India. Effective <\/span><b>April 1, 2025<\/b><span style=\"font-weight: 400;\">, this new provision aims to tighten tax compliance and reduce revenue leakages. Understanding its implications is crucial for firms to avoid penalties and ensure smooth financial operations.<\/span><\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1737018360849{margin-bottom: 20px !important;}&#8221;][vc_column][vc_column_text]<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#Key_Updates_Under_Section_194T\" >Key Updates Under Section 194T<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#TDS_on_Partner_Payments\" >TDS on Partner Payments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#Payments_Exempt_from_TDS_Under_Section_194T\" >Payments Exempt from TDS Under Section 194T<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#Compliance_Guidelines_for_Partnership_LLP_Firms\" >Compliance Guidelines for Partnership &amp; LLP Firms<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#1_TAN_Registration_Documentation\" >1. TAN Registration &amp; Documentation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#2_TDS_Deposit_and_Filing_Requirements\" >2. TDS Deposit and Filing Requirements<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#Penalties_for_Non-Compliance\" >Penalties for Non-Compliance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#Interest_Charges\" >Interest Charges<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#Monetary_Penalties\" >Monetary Penalties<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#Legal_Consequences\" >Legal Consequences<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#How_Section_194T_Impacts_Partnership_LLP_Firms\" >How Section 194T Impacts Partnership &amp; LLP Firms<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#1_Cash_Flow_Management\" >1. Cash Flow Management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#2_Partner_Compensation_Structuring\" >2. Partner Compensation Structuring<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#Final_Thoughts\" >Final Thoughts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/cajdshah.com\/blog\/new-tds-provisions-for-partnership-firms-and-limited-liability-partnerships-llp-section-194t\/#Why_Choose_JD_Shah_Associates\" >Why Choose JD Shah Associates?<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Updates_Under_Section_194T\"><\/span>Key Updates Under Section 194T<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"TDS_on_Partner_Payments\"><\/span>TDS on Partner Payments<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Section 194T requires partnership firms &amp; LLP to deduct TDS on payments made to partners once they exceed a specified threshold. The key details are:<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>TDS Rate<\/b><span style=\"font-weight: 400;\">: 10%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Threshold<\/b><span style=\"font-weight: 400;\">: Payments exceeding \u20b920,000 per financial year<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0<\/span><b>Covered Payments<\/b><span style=\"font-weight: 400;\">: Remuneration, interest, bonus, commission, or any other amount paid to partners<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0<\/span><b>When to Deduct<\/b><span style=\"font-weight: 400;\">: At the time of crediting the partner\u2019s account or making the actual payment, whichever is earlier<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0<\/span><b>Effective Date<\/b><span style=\"font-weight: 400;\">: April 1, 2025<\/span><\/li>\n<\/ul>\n<p>[\/vc_column_text][vc_empty_space height=&#8221;20px&#8221;][vc_single_image image=&#8221;905&#8243; img_size=&#8221;large&#8221; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_border&#8221;][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1737018360849{margin-bottom: 20px !important;}&#8221;][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Payments_Exempt_from_TDS_Under_Section_194T\"><\/span>Payments Exempt from TDS Under Section 194T<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Certain partner payments are excluded from TDS deductions under this provision, including:<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0Payments already covered under existing TDS sections<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0Profit-sharing payments as per the partnership deed<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0Repayment of capital contributions made by partners<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;911&#8243; img_size=&#8221;medium&#8221; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_border&#8221;][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1737018360849{margin-bottom: 20px !important;}&#8221;][vc_column][vc_column_text]<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Compliance_Guidelines_for_Partnership_LLP_Firms\"><\/span>Compliance Guidelines for Partnership &amp; LLP Firms<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1737018360849{margin-bottom: 20px !important;}&#8221;][vc_column width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;909&#8243; img_size=&#8221;medium&#8221; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_border&#8221;][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_TAN_Registration_Documentation\"><\/span>1. TAN Registration &amp; Documentation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0Firms must have a Tax Deduction Account Number (TAN) for TDS compliance<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0Maintain detailed records of payments and deductions to avoid discrepancies<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1737018360849{margin-bottom: 20px !important;}&#8221;][vc_column][vc_column_text]<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_TDS_Deposit_and_Filing_Requirements\"><\/span>2. TDS Deposit and Filing Requirements<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><b>TDS Payment Due Date<\/b><span style=\"font-weight: 400;\">: The deducted TDS must be deposited with the government by the <\/span><b>7th of the following month<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b>Quarterly TDS Filing (Form 26Q)<\/b><span style=\"font-weight: 400;\">: Firms must file TDS returns as per the schedule below:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>April &#8211; June<\/b><span style=\"font-weight: 400;\"> \u2192 Due by <\/span><b>July 31<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>July &#8211; September<\/b><span style=\"font-weight: 400;\"> \u2192 Due by <\/span><b>October 31<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>October &#8211; December<\/b><span style=\"font-weight: 400;\"> \u2192 Due by <\/span><b>January 31<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>January &#8211; March<\/b><span style=\"font-weight: 400;\"> \u2192 Due by <\/span><b>May 31<\/b><\/li>\n<\/ul>\n<p><b>TDS Certificates (Form 16A)<\/b><span style=\"font-weight: 400;\">: Must be issued to partners <\/span><b>within 15 days<\/b><span style=\"font-weight: 400;\"> from the due date of TDS filing.<\/span>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1737018360849{margin-bottom: 20px !important;}&#8221;][vc_column][vc_column_text]<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Penalties_for_Non-Compliance\"><\/span>Penalties for Non-Compliance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Failing to adhere to <\/span><b>TDS provisions<\/b><span style=\"font-weight: 400;\"> under <\/span><b>Section 194T<\/b><span style=\"font-weight: 400;\"> can result in <\/span><b>severe financial and legal consequences<\/b><span style=\"font-weight: 400;\">:<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Interest_Charges\"><\/span>Interest Charges<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>1% per month<\/b><span style=\"font-weight: 400;\"> for failure to deduct TDS (Section 201(1A))<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0<\/span><b>1.5% per month<\/b><span style=\"font-weight: 400;\"> for failure to deposit deducted TDS (Section 201(1A))<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Monetary_Penalties\"><\/span>Monetary Penalties<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0<\/span><b>Equal to the TDS amount<\/b><span style=\"font-weight: 400;\"> for non-deduction (Section 271C)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><b>\u20b910,000 to \u20b91,00,000<\/b><span style=\"font-weight: 400;\"> penalty for non-filing of TDS returns (Section 271H)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0<\/span><b>\u20b9200 per day (up to \u20b91,00,000)<\/b><span style=\"font-weight: 400;\"> for late issuance of TDS certificates (Section 272A)<\/span><\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Legal_Consequences\"><\/span>Legal Consequences<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0<\/span><b>Rigorous imprisonment (3 months to 7 years) and fine<\/b><span style=\"font-weight: 400;\"> for failure to deposit TDS (Section 276B)<\/span><\/li>\n<li aria-level=\"1\"><b>Harsher penalties for repeat offenses<\/b><span style=\"font-weight: 400;\"> (Section 278A)<\/span><\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1737018360849{margin-bottom: 20px !important;}&#8221;][vc_column][vc_separator css=&#8221;.vc_custom_1741775016282{margin-top: 20px !important;margin-bottom: 20px !important;}&#8221;][vc_column_text]<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Section_194T_Impacts_Partnership_LLP_Firms\"><\/span>How Section 194T Impacts Partnership &amp; LLP Firms<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Cash_Flow_Management\"><\/span>1. Cash Flow Management<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>With the \u20b920,000 TDS threshold, even relatively small partner payments will attract TDS deductions. To ensure financial stability, firms should:<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Adjust cash flow planning before April 1, 2025<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0Allocate sufficient funds for timely TDS deposits<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u00a0Set up automated tracking for partner payments crossing \u20b920,000<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"2_Partner_Compensation_Structuring\"><\/span><b>2. Partner Compensation Structuring<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To minimize TDS liabilities, partnership &amp; LLP firms should consider:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0<\/span>Restructuring payment methods<span style=\"font-weight: 400;\"> before the new rule takes effect<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0Assessing the <\/span>tax efficiency<span style=\"font-weight: 400;\"> of different forms of partner payments<\/span><\/li>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a0Spreading out payments strategically to <\/span>stay within the threshold<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1737018360849{margin-bottom: 20px !important;}&#8221;][vc_column width=&#8221;1\/2&#8243;][vc_column_text]<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts\"><\/span>Final Thoughts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>With Section 194T coming into effect on April 1, 2025, partnership &amp; LLP firms must prepare for increased TDS compliance obligations. The new provisions will require careful financial planning to manage tax deductions while ensuring efficient partner payments. <a href=\"https:\/\/cajdshah.com\/top-ca-in-mumbai.html\" target=\"_blank\" rel=\"noopener\">Consulting a tax expert<\/a> can help navigate these regulatory changes effectively and minimize financial risks.[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;913&#8243; img_size=&#8221;medium&#8221; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_border&#8221;][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1737018360849{margin-bottom: 20px !important;}&#8221;][vc_column][vc_column_text]<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Choose_JD_Shah_Associates\"><\/span>Why Choose JD Shah Associates?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Looking for expert guidance on TDS compliance for partnership &amp; LLP firms? As the <a href=\"https:\/\/valugenius.in\/\" target=\"_blank\" rel=\"noopener\">Best CA firm in Mumbai<\/a>,\u00a0 we specialize in TDS planning, <a href=\"https:\/\/cajdshah.com\/tax-consultancy-services.html\" target=\"_blank\" rel=\"noopener\">taxation<\/a>, and compliance. We offer seamless solutions to help businesses manage TDS obligations efficiently. Whether you need a <a href=\"https:\/\/cajdshah.com\/blog\/a-nris-guide-to-lower-or-nil-tds-certificates-for-property-sales\/\" target=\"_blank\" rel=\"noopener\">Guide to Lower or NIL TDS Certificates<\/a> or strategic tax planning, JD Shah Associates expert team is here to assist you. <a href=\"https:\/\/cajdshah.com\/contact-best-ca-in-mumbai.html\" target=\"_blank\" rel=\"noopener\">Contact Our CA today<\/a> and ensure TDS compliance without stress![\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_896\" class=\"pvc_stats all  \" data-element-id=\"896\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/cajdshah.com\/blog\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" =0 title=\"\"><\/p>\n<div class=\"pvc_clear\"><\/div>\n<\/section>","protected":false},"excerpt":{"rendered":"<p>[vc_row css=&#8221;.vc_custom_1737018360849{margin-bottom: 20px !important;}&#8221;][vc_column][vc_column_text] The Finance Act 2024 has introduced Section 194T, a major amendment to the Tax Deducted at Source (TDS) framework specifically impacting Partnerships Firms and Limited Liability Partnerships in India. Effective April 1, 2025, this new provision [&hellip;]<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p id=\"pvc_stats_896\" class=\"pvc_stats all  \" data-element-id=\"896\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> <img loading=\"lazy\" decoding=\"async\" width=\"16\" height=\"16\" alt=\"Loading\" src=\"https:\/\/cajdshah.com\/blog\/wp-content\/plugins\/page-views-count\/ajax-loader-2x.gif\" border=0 \/><\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"author":1,"featured_media":919,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,6,2],"tags":[],"class_list":["post-896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-partnership-firm","category-finance","category-income-tax"],"_links":{"self":[{"href":"https:\/\/cajdshah.com\/blog\/wp-json\/wp\/v2\/posts\/896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cajdshah.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cajdshah.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cajdshah.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cajdshah.com\/blog\/wp-json\/wp\/v2\/comments?post=896"}],"version-history":[{"count":16,"href":"https:\/\/cajdshah.com\/blog\/wp-json\/wp\/v2\/posts\/896\/revisions"}],"predecessor-version":[{"id":917,"href":"https:\/\/cajdshah.com\/blog\/wp-json\/wp\/v2\/posts\/896\/revisions\/917"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cajdshah.com\/blog\/wp-json\/wp\/v2\/media\/919"}],"wp:attachment":[{"href":"https:\/\/cajdshah.com\/blog\/wp-json\/wp\/v2\/media?parent=896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cajdshah.com\/blog\/wp-json\/wp\/v2\/categories?post=896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cajdshah.com\/blog\/wp-json\/wp\/v2\/tags?post=896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}