Exchange reporting obligation: exchanges must disclose amounts paid or credited where tax was not deducted in quarterly statements. The corrigendum corrects typographical errors and clarifies that the Exchange must, when preparing the quarterly statement in Form No. 26QF, furnish particulars of amounts paid or credited on which tax was not deducted in accordance with the rules, thereby imposing a reporting duty on exchanges for instances where tax deduction at source was not effected.
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Exchange reporting obligation: exchanges must disclose amounts paid or credited where tax was not deducted in quarterly statements.
The corrigendum corrects typographical errors and clarifies that the Exchange must, when preparing the quarterly statement in Form No. 26QF, furnish particulars of amounts paid or credited on which tax was not deducted in accordance with the rules, thereby imposing a reporting duty on exchanges for instances where tax deduction at source was not effected.
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