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of <h1>Exemption for Certain Companies from Income Tax Deduction on Commission Payments u/s 194H Until March 31, 1993.</h1> The Central Government, under the powers conferred by section 194H of the Income-tax Act, 1961, exempts certain entities from deducting income tax on commission or brokerage payments. This exemption applies to specified companies listed in the Schedule and is valid until March 31, 1993. The exemption aims to alleviate inconvenience to these entities without harming the interests of the Revenue. The listed companies include various private limited firms involved in brokerage and tea marketing across different locations in India.
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