https://www.taxtmi.com/manuals?id=1613 Section 402 consolidates TDS, TCS and withholding-tax definitions, while retaining the substantive meaning of most existing expressions. Buyer and seller are recast through provision-specific frameworks, with tax year replacing financial year in relevant turnover conditions, express treatment of overseas tour packages, and discontinuance of the earlier specified sale-of-goods seller regime. New definitions cover designated person, licensing and leasing parties, and specified undertaking. Specified person is broadened for TDS/TCS purposes, subject to turnover thresholds for individuals and Hindu undivided families. Work is substantively expanded to include supervised manpower supply. en-us Sat, 08 Jul 2017 18:23:00 +0530 Mon, 24 Aug 2026 10:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1613 Section 402 consolidates TDS, TCS and withholding-tax definitions, while retaining the substantive meaning of most existing expressions. Buyer and seller are recast through provision-specific frameworks, with tax year replacing financial year in relevant turnover conditions, express treatment of overseas tour packages, and discontinuance of the earlier specified sale-of-goods seller regime. New definitions cover designated person, licensing and leasing parties, and specified undertaking. Specified person is broadened for TDS/TCS purposes, subject to turnover thresholds for individuals and Hindu undivided families. Work is substantively expanded to include supervised manpower supply. Manuals Income Tax Sat, 08 Jul 2017 18:23:00 +0530 https://www.taxtmi.com/manuals?id=1613