Tax deduction at source wording: substitution clarifies that 'rates in force' apply for deduction calculations. Amendment to Section 192(1) substitutes the phrase "rates in force" for the previous wording "rates of tax in force", a confined textual change governing ... Summary
Tax deduction at source wording: substitution clarifies that 'rates in force' apply for deduction calculations.
Amendment to Section 192(1) substitutes the phrase "rates in force" for the previous wording "rates of tax in force", a confined textual change governing how applicable rates are referenced for deduction at source.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.