1. Search Case laws by Section / Act / Rule — now available beyond Income Tax. GST and Other Laws Available
2. New: “In Favour Of” filter added in Case Laws.
Try both these filters in Case Laws →
TaxTMI Login
🚀 New: Section-Wise Filter ✕
Just a moment...
1. Search Case laws by Section / Act / Rule — now available beyond Income Tax. GST and Other Laws Available
2. New: “In Favour Of” filter added in Case Laws.
Try both these filters in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Amendment to Income-tax Act: Clause 62 Adds Sub-section (1E) to Section 197A, No Tax Deduction for New Pension System Trust.</h1> Clause 62 of the Finance (No. 2) Bill, 2009, amends section 197A of the Income-tax Act to include a new sub-section (1E). This provision stipulates that no tax deduction at source shall be made on payments to or on behalf of the New Pension System Trust, as referenced in section 10 clause (44). This amendment, which overrides other provisions in the chapter, is effective retrospectively from April 1, 2009. The existing section 197A already allows for no tax deduction at source on certain incomes if specific conditions are met.
TaxTMI 
TaxTMI 
