https://www.taxtmi.com/acts?id=20408 A new rule disallows deduction of any consideration paid or payable to a non-resident for a specified service where equalisation levy is deductible and that levy has not been deducted or, if deducted, has not been paid by the due date; however, if the levy is deducted later or paid after the due date, the sum is allowable as a deduction in the previous year in which the levy is paid. en-us Mon, 29 Feb 2016 16:25:45 +0530 Mon, 29 Feb 2016 16:25:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20408 A new rule disallows deduction of any consideration paid or payable to a non-resident for a specified service where equalisation levy is deductible and that levy has not been deducted or, if deducted, has not been paid by the due date; however, if the levy is deducted later or paid after the due date, the sum is allowable as a deduction in the previous year in which the levy is paid. Act-Rules Bill Mon, 29 Feb 2016 16:25:45 +0530 https://www.taxtmi.com/acts?id=20408