Part IV - VALIDATION OF THE CENTRAL CIVIL SERVICES (PENSION) RULES AND PRINCIPLES FOR EXPENDITURE ON PENSION LIABILITES FROM THE CONSOLIDATED FUND OF INDIA (From Section 147 to Section 150)
Withholding threshold under section 194LA increased, raising the exemption for TDS on compensation via Finance Act amendment. Amendment raises the threshold triggering withholding under section 194LA, altering the monetary limit at which payers must deduct tax at source on compensation arising from transfer of certain immovable property by substituting a higher single specified amount in the first proviso and thereby narrowing circumstances requiring deduction.
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Provisions expressly mentioned in the judgment/order text.
Withholding threshold under section 194LA increased, raising the exemption for TDS on compensation via Finance Act amendment.
Amendment raises the threshold triggering withholding under section 194LA, altering the monetary limit at which payers must deduct tax at source on compensation arising from transfer of certain immovable property by substituting a higher single specified amount in the first proviso and thereby narrowing circumstances requiring deduction.
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