Tax withholding on interest: inclusion of infrastructure debt fund expands specified payee category for withholding obligations. Amendment inserts the words "infrastructure debt fund or" after "infrastructure capital fund or" in sub section (3), clause (x) of section 194A, thereby ... Summary
Tax withholding on interest: inclusion of infrastructure debt fund expands specified payee category for withholding obligations.
Amendment inserts the words "infrastructure debt fund or" after "infrastructure capital fund or" in sub section (3), clause (x) of section 194A, thereby adding infrastructure debt fund to the entities referenced for the provision on deduction of tax at source on interest-related payments.
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