Withholding tax on certain winnings now hinges on the amount in a single transaction, not aggregated payments. Amendment narrows the mode of calculating the withholding trigger under section 194B by replacing "or the aggregate of amounts" with "in respect of a ... Summary
Withholding tax on certain winnings now hinges on the amount in a single transaction, not aggregated payments.
Amendment narrows the mode of calculating the withholding trigger under section 194B by replacing "or the aggregate of amounts" with "in respect of a single transaction" and omitting "during the financial year," so that applicability is determined by the amount in a single transaction rather than aggregated payments.
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