Withholding tax provisions omitted under the Income tax Act, removing sections 194K and 194L and changing withholding obligations. The Finance Act amends the Income-tax Act by omitting sections 194K and 194L, removing the specific withholding obligations imposed by those provisions and changing payer compliance requirements; the omission takes effect from the 1st day of June, 2016.
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.
Withholding tax provisions omitted under the Income tax Act, removing sections 194K and 194L and changing withholding obligations.
The Finance Act amends the Income-tax Act by omitting sections 194K and 194L, removing the specific withholding obligations imposed by those provisions and changing payer compliance requirements; the omission takes effect from the 1st day of June, 2016.
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