Budget: Exempt entities like non-profits face hurdles due to TCS on transactions. Govt can notify exemptions/lower TCS rates for them. Effective Oct '...
Budget: Amendments clarify penalties for inaccurate info/non-compliance with due diligence under AEoI. Rs. 50K fine for errors/failures. Defense allow...
Amendment of section 10. - Any income by way of distributed income referred to in section 115TA received on or after the 1st day of June, 2016 shall be taxable
Amendment of section 10. - Any income by way of distributed income referred to in section 115TA received on or after the 1st day of June, 2016 shall be taxable
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