The Budget 2019 has brought various changes in the Income Tax Act, 1961 and insertion of provisions of Section 194M is one of them. The Central Government has introduced provisions of Section 194M with effect from September 1, 2019.
source https://www.caclubindia.com/articles/liability-of-individual-huf-to-deduct-tax-at-source-section-194m-45770.asp
source https://www.caclubindia.com/articles/liability-of-individual-huf-to-deduct-tax-at-source-section-194m-45770.asp
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