Tax deduction at source for non-resident entertainers now applies and requires a higher withholding rate on specified income. Amendment expands section 194E to include non-resident entertainers alongside non-resident sportsmen and associations for income under section 115BBA, ... Summary
Tax deduction at source for non-resident entertainers now applies and requires a higher withholding rate on specified income.
Amendment expands section 194E to include non-resident entertainers alongside non-resident sportsmen and associations for income under section 115BBA, requires the payer to deduct tax at source at the time of credit or payment, and increases the prescribed withholding rate, with the amendment taking effect from the stated commencement date.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 1
Join Channel
TaxTMI 
