Withholding threshold under section 194LA increased, raising the exemption for TDS on compensation via Finance Act amendment. Amendment raises the threshold triggering withholding under section 194LA, altering the monetary limit at which payers must deduct tax at source on ... Summary
Withholding threshold under section 194LA increased, raising the exemption for TDS on compensation via Finance Act amendment.
Amendment raises the threshold triggering withholding under section 194LA, altering the monetary limit at which payers must deduct tax at source on compensation arising from transfer of certain immovable property by substituting a higher single specified amount in the first proviso and thereby narrowing circumstances requiring deduction.
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