https://www.taxtmi.com/acts?id=38720 Amendment modifies section 194A to change monetary thresholds for TDS on interest, restructures sub-section (3) to omit an Explanation, restrict issuance of certain notifications, impose TDS liability on specified co-operative societies subject to turnover and interest thresholds with different limits for senior citizens, inserts a statutory definition of senior citizen for these purposes, and empowers the Central Government to notify exclusions or lower rates of deduction. en-us Sat, 28 Mar 2020 10:41:02 +0530 Sat, 28 Mar 2020 10:41:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=38720 Amendment modifies section 194A to change monetary thresholds for TDS on interest, restructures sub-section (3) to omit an Explanation, restrict issuance of certain notifications, impose TDS liability on specified co-operative societies subject to turnover and interest thresholds with different limits for senior citizens, inserts a statutory definition of senior citizen for these purposes, and empowers the Central Government to notify exclusions or lower rates of deduction. Act-Rules F. Acts / Amendment Acts Sat, 28 Mar 2020 10:41:02 +0530 https://www.taxtmi.com/acts?id=38720