Amendment to TDS on specified payments removes an explanatory provision, narrowing withholding coverage in affected transactions. Amendment removes Explanation 2 from Section 194A(3) of the Income-tax Act, deleting an explanatory provision that previously clarified application of withholding obligations under that subsection and thereby altering the interpretive guidance available to taxpayers and withholding agents regarding the scope of amounts subject to deduction at source.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Amendment to TDS on specified payments removes an explanatory provision, narrowing withholding coverage in affected transactions.
Amendment removes Explanation 2 from Section 194A(3) of the Income-tax Act, deleting an explanatory provision that previously clarified application of withholding obligations under that subsection and thereby altering the interpretive guidance available to taxpayers and withholding agents regarding the scope of amounts subject to deduction at source.
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