TCS provisions updated; first proviso removed and second proviso wording simplified to streamline withholding obligations. The amendment to the Tax Collected at Source provision removes the first proviso in sub-section (5) and substitutes the phrase "Provided further" with ... Summary
TCS provisions updated; first proviso removed and second proviso wording simplified to streamline withholding obligations.
The amendment to the Tax Collected at Source provision removes the first proviso in sub-section (5) and substitutes the phrase "Provided further" with "Provided" in the second proviso, modifying the textual structure of conditional exceptions under that sub-section without creating new withholding categories.
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