Order under section 119(1) of the Income-tax Act, 1961 regarding exemption from the TDS provisions under Section 197 read in conjunction with Section 10(26BBB) of Income Tax Act, 1961
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TDS exemption for ex servicemen welfare corporations granted, subject to contractual TDS obligations and time limited review. Administrative exemption from TDS is granted to corporations established for ex servicemen welfare whose income qualifies for income tax exemption, while preserving their obligation to deduct TDS on contractual payments; the exemption runs for three years and requires Chief Commissioners to report on its operation to permit Board review.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
TDS exemption for ex servicemen welfare corporations granted, subject to contractual TDS obligations and time limited review.
Administrative exemption from TDS is granted to corporations established for ex servicemen welfare whose income qualifies for income tax exemption, while preserving their obligation to deduct TDS on contractual payments; the exemption runs for three years and requires Chief Commissioners to report on its operation to permit Board review.
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