Withholding tax provisions amended to add a new withholding category to the list referenced in section 197(1). The Finance Act, 1999 amends section 197(1) of the Income-tax Act by inserting the figures and letter ', 194L' immediately after '194K', thereby adding a withholding category to the list of references in that sub-section and extending section 197(1)'s procedural and compliance scope to include the newly inserted category, effective from the Act's stated commencement.
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Provisions expressly mentioned in the judgment/order text.
Withholding tax provisions amended to add a new withholding category to the list referenced in section 197(1).
The Finance Act, 1999 amends section 197(1) of the Income-tax Act by inserting the figures and letter ", 194L" immediately after "194K", thereby adding a withholding category to the list of references in that sub-section and extending section 197(1)'s procedural and compliance scope to include the newly inserted category, effective from the Act's stated commencement.
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