https://www.taxtmi.com/acts?id=39728 The amendment prescribes differentiated withholding tax treatment for income from securities: income-tax on securities included in total income is to be calculated at distinct rates for Foreign Institutional Investors and for specified funds, with a lower rate for income characterised as interest under the withholding provision. It also permits the verification unit function under the faceless assessment scheme to be performed by verification units located in any other faceless centre and allows the National Faceless Assessment Centre to assign verification requests to such units. en-us Tue, 30 Mar 2021 16:09:10 +0530 Tue, 30 Mar 2021 16:09:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39728 The amendment prescribes differentiated withholding tax treatment for income from securities: income-tax on securities included in total income is to be calculated at distinct rates for Foreign Institutional Investors and for specified funds, with a lower rate for income characterised as interest under the withholding provision. It also permits the verification unit function under the faceless assessment scheme to be performed by verification units located in any other faceless centre and allows the National Faceless Assessment Centre to assign verification requests to such units. Act-Rules F. Acts / Amendment Acts Tue, 30 Mar 2021 16:09:10 +0530 https://www.taxtmi.com/acts?id=39728