Evidence of prescribed claims now required before deducting tax on salary payments, affecting withholding estimation and compliance. The proposed sub-section requires the person responsible for salary payments to obtain from the assessee evidence, proof or particulars of prescribed claims, including claims for set-off of loss, in such form and manner as may be prescribed, for the purposes of estimating the assessee's salary income or computing tax deductible under the withholding provisions.
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Provisions expressly mentioned in the judgment/order text.
Evidence of prescribed claims now required before deducting tax on salary payments, affecting withholding estimation and compliance.
The proposed sub-section requires the person responsible for salary payments to obtain from the assessee evidence, proof or particulars of prescribed claims, including claims for set-off of loss, in such form and manner as may be prescribed, for the purposes of estimating the assessee's salary income or computing tax deductible under the withholding provisions.
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