Tax deduction certificate amendment expands coverage by inserting 194H into section 197, altering certificate scope. The amendment inserts 194H into section 197(1) of the Income-tax Act, extending the tax deduction certificate mechanism and related procedural treatment ... Summary
Tax deduction certificate amendment expands coverage by inserting 194H into section 197, altering certificate scope.
The amendment inserts 194H into section 197(1) of the Income-tax Act, extending the tax deduction certificate mechanism and related procedural treatment to payments covered by the newly referenced provision, with effect from the stated commencement date under the Finance Act, 2001.
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