Withholding tax scope expanded to include additional specified obligations, widening deduction-at-source coverage under income-tax provisions. In sections 198, 199, 200, 202 and 203 of the Income-tax Act, the words "section 194A and" are replaced by the words "section 194A, section 194B, section ... Summary
Withholding tax scope expanded to include additional specified obligations, widening deduction-at-source coverage under income-tax provisions.
In sections 198, 199, 200, 202 and 203 of the Income-tax Act, the words "section 194A and" are replaced by the words "section 194A, section 194B, section 194C and", thereby extending the application of those procedural provisions to the two additional withholding provisions alongside the original provision.
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