TDS reference update: adds a parallel withholding provision and extends statutory cross-references in income tax law. Consequential amendments expand existing cross-references in the Income-tax Act so that provisions and definitions that previously cited the single ... Summary
TDS reference update: adds a parallel withholding provision and extends statutory cross-references in income tax law.
Consequential amendments expand existing cross-references in the Income-tax Act so that provisions and definitions that previously cited the single withholding clause are revised to cite the original clause together with the newly added withholding provision, ensuring definitions, deduction and procedural sections point to both provisions.
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