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    <title>Amendment of section 206C.</title>
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    <description>Amendments to section 206C revise collection at source: timber and other forest produce (excluding tendu leaves) are reclassified in the Table and taxed at two per cent; an Explanation adopts State Act or Indian Forest Act definitions of &quot;forest produce&quot;. Sub-section (1G) increases the monetary threshold for authorised-dealer collection and exempts remittances that are educational loans from collection. Sub-section (1H) is made inapplicable from the stated commencement and references thereto are removed; sub-section (7A) is amended to apply specified time-limit provisions of section 153 to its limitation period.</description>
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    <pubDate>Sat, 01 Feb 2025 14:46:02 +0530</pubDate>
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      <description>Amendments to section 206C revise collection at source: timber and other forest produce (excluding tendu leaves) are reclassified in the Table and taxed at two per cent; an Explanation adopts State Act or Indian Forest Act definitions of &quot;forest produce&quot;. Sub-section (1G) increases the monetary threshold for authorised-dealer collection and exempts remittances that are educational loans from collection. Sub-section (1H) is made inapplicable from the stated commencement and references thereto are removed; sub-section (7A) is amended to apply specified time-limit provisions of section 153 to its limitation period.</description>
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