Threshold limit for TDS on dividend and mutual fund income raised, exempting small payments from deduction. The circular raises the threshold limit for deduction of tax at source on dividend income and income from mutual fund units so that no tax shall be deducted where the dividend or unit income does not exceed the prescribed threshold, with immediate effect; officers are directed to implement the revised threshold and to notify staff in their regions.
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.
Threshold limit for TDS on dividend and mutual fund income raised, exempting small payments from deduction.
The circular raises the threshold limit for deduction of tax at source on dividend income and income from mutual fund units so that no tax shall be deducted where the dividend or unit income does not exceed the prescribed threshold, with immediate effect; officers are directed to implement the revised threshold and to notify staff in their regions.
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