Clause 393 - Tax to be deducted at source.

Tax deduction at source: comprehensive withholding rules for specified payments, with rates, thresholds and exclusion mechanisms.

Tax deduction at source is required on listed categories of payments to residents, non residents and any person, with payers obligated to withhold at prescribed rates and at the earlier of credit or payment. Separate tables specify payer/payee classes, withholding rates and threshold limits for categories including commissions, rent, immovable property consideration, capital market distributions, interest, contractor and professional payments, dividends, insurance proceeds, high value purchases, e commerce sales and virtual digital asset transfers. The provision sets exceptions, precedence rules among provisions, declaration procedures for nil deduction, and computation rules including treatment of suspense accounts.