Chapter XII-DASPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC )
Part CProcedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM )
Chapter XX-BREQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT )
Lower tax deduction at source applies to specified payments with temporarily reduced rates under legislative amendment. Section 197B mandates a temporary reduction in tax deduction at source by requiring deduction at three fourths of the rate otherwise specified under the ... Summary
The Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020
Lower tax deduction at source applies to specified payments with temporarily reduced rates under legislative amendment.
Section 197B mandates a temporary reduction in tax deduction at source by requiring deduction at three fourths of the rate otherwise specified under the listed TDS provisions, applying notwithstanding the specified rates in those sections for the limited relief period.
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