Deduction of tax at source under section 194-J--Payments by foreign companies and law firms to residents in India--Discontinuance of the requirement of sending quarterly statements--regarding
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Tax deduction at source quarterly reporting by foreign firms discontinued; payments to Indian residents remain subject to verification. The administrative requirement that foreign companies and foreign law and accountancy firms without presence in India send quarterly statements of payments made to Indian residents is discontinued; the withholding obligation for payments for professional services remains, and payment details may be verified or collected as required.
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.
Tax deduction at source quarterly reporting by foreign firms discontinued; payments to Indian residents remain subject to verification.
The administrative requirement that foreign companies and foreign law and accountancy firms without presence in India send quarterly statements of payments made to Indian residents is discontinued; the withholding obligation for payments for professional services remains, and payment details may be verified or collected as required.
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