Specified company definitions vary between TDS/TCS provisions and Schedule IV, excluding qualifying domestic cruise-ship companies from the latter category. Specified company has provision-specific meanings under the Income-tax Act, 2025. For specified TDS/TCS purposes, it refers to a company covered by the ... Summary
Specified company definitions vary between TDS/TCS provisions and Schedule IV, excluding qualifying domestic cruise-ship companies from the latter category.
Specified company has provision-specific meanings under the Income-tax Act, 2025. For specified TDS/TCS purposes, it refers to a company covered by the Unit Trust of India (Transfer of Undertaking and Repeal) Act, 2002. For the relevant Schedule IV entry, it includes any company except a domestic company operating cruise ships in India that elects the prescribed cruise-ship tax regime.
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