TDS threshold under section 194B increased, changing when tax is deductible effective from July 2010. Amendment increases the monetary threshold under section 194B by substituting the previously prescribed lower amount with a higher amount, altering when tax must be deducted at source for payments under that provision, with the substitution effective from the 1st day of July, 2010.
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Provisions expressly mentioned in the judgment/order text.
TDS threshold under section 194B increased, changing when tax is deductible effective from July 2010.
Amendment increases the monetary threshold under section 194B by substituting the previously prescribed lower amount with a higher amount, altering when tax must be deducted at source for payments under that provision, with the substitution effective from the 1st day of July, 2010.
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