TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Amendments to Section 195 of Income-tax Act: New Rules for Tax Deduction on Payments to Non-Residents Effective Nov 2019.</h1> Clause 47 of the Finance (No. 2) Bill, 2019 proposes amendments to section 195 of the Income-tax Act, effective from November 1, 2019. The amendments aim to modify sub-sections (2) and (7) by replacing existing provisions with new language that empowers the Board to prescribe the form and manner for applications to the Assessing Officer regarding sums payable to non-residents. These changes allow for a prescribed method to determine the appropriate proportion of such sums chargeable to tax, ensuring tax is deducted only on the chargeable portion.
TaxTMI 
TaxTMI 
