Clause 84 - Substitution of new section for section 285B-Submission of statements by producers of cinematograph films or persons engaged in specified activity
Finance Bill, 2022 Chapter III DIRECT TAXES - Income-tax
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Submission of statements by film producers and specified-activity operators requires reporting of aggregate payments to engaged persons to tax authority. Obligation extended to any person carrying on production of a cinematograph film or engaged in a specified activity to furnish, for the period such ... Summary
Submission of statements by film producers and specified-activity operators requires reporting of aggregate payments to engaged persons to tax authority.
Obligation extended to any person carrying on production of a cinematograph film or engaged in a specified activity to furnish, for the period such activity is carried on in a financial year, within the prescribed period and manner a statement in prescribed form to the prescribed income-tax authority containing particulars of all payments above the aggregate threshold made by or due from them to each person engaged in that production or activity.
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