Withholding rate change for specified income-tax sections increases statutory deduction obligation under amended provisions in law. The amendment replaces the prior rate expression with a higher rate expression in the listed sections of the Income tax Act, effecting a textual substitution of the specified rate phrase in each affected provision and thereby modifying the statutory withholding mechanism and percentage based deduction standard across those provisions.
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Provisions expressly mentioned in the judgment/order text.
Withholding rate change for specified income-tax sections increases statutory deduction obligation under amended provisions in law.
The amendment replaces the prior rate expression with a higher rate expression in the listed sections of the Income tax Act, effecting a textual substitution of the specified rate phrase in each affected provision and thereby modifying the statutory withholding mechanism and percentage based deduction standard across those provisions.
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