Interest under section 194LD now falls within section 115A tax regime, aligning withholding and tax rates accordingly. Amendment adds a new sub clause to clause (a) to include interest described in the withholding provision within the special rate regime, updates cross references in related items to include the new sub clause, and substitutes clause (b) sub clauses to provide that royalty income and fees for technical services included in total income are taxed under the special rate provision at the prescribed rate.
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.
Interest under section 194LD now falls within section 115A tax regime, aligning withholding and tax rates accordingly.
Amendment adds a new sub clause to clause (a) to include interest described in the withholding provision within the special rate regime, updates cross references in related items to include the new sub clause, and substitutes clause (b) sub clauses to provide that royalty income and fees for technical services included in total income are taxed under the special rate provision at the prescribed rate.
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