Income-tax (Sixth Amendment) Rules, 2024 - Form No. 27Q amended. New item 7A inserted for reporting the lower deduction or no deduction in view of notification u/s 197A(1F)

Income-tax (Sixth Amendment) Rules, 2024 - Form No. 27Q amended. New item 7A inserted for reporting the lower deduction or no deduction in view of notification u/s 197A(1F) https://www.taxtmi.com/notifications?id=142070 Amendment inserts Note 7A in the Verification notes of Form No. 27Q directing filers to write "P" when lower deduction or no deduction applies by virtue of a notification issued under sub-section (1F) of section 197A, standardizing the reporting of notification-based reductions in TDS. en-us Tue, 04 Jun 2024 00:00:00 +0530 Wed, 05 Jun 2024 10:11:00 +0530 TaxTMI RSS Generator Income-tax (Sixth Amendment) Rules, 2024 - Form No. 27Q amended. New item 7A inserted for reporting the lower deduction or no deduction in view of notification u/s 197A(1F) https://www.taxtmi.com/notifications?id=142070 Amendment inserts Note 7A in the Verification notes of Form No. 27Q directing filers to write "P" when lower deduction or no deduction applies by virtue of a notification issued under sub-section (1F) of section 197A, standardizing the reporting of notification-based reductions in TDS. Notifications Income Tax Tue, 04 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/notifications?id=142070