No TDS on on payment in the nature of lease rent or supplemental lease rent to the IFSC for lease of an aircraft - Central Government specifies that no deduction of tax shall be made under section 194-IA of the IT Act 1961

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....L BOARD OF DIRECT TAXES) NOTIFICATION NO. 65/2022 New Delhi, the 16th June, 2022 INCOME TAX S.O. 2777(E).-In exercise of the powers conferred by sub-section (1F) of section 197A read with clause (c) of sub-section (2) of section 80LA, of the Income-tax Act,1961 (43 of 1961) (hereinafter the Income-tax Act), the Central Government hereby specifies that no deduction of tax shall be made ....

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....e ten consecutive assessment years for which the lessor opts for claiming deduction under sub-section (1A) read with section (2) of the section 80LA of the Income-tax Act. (b) The lessee shall, - (i) not deduct tax on payment made or credited to lessor after the date of receipt of copy of statement-cum-declaration in Form No. 1 from the lessor; and (ii) furnish the particulars of all the ....

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....uploading of documents and the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems) shall also be responsible for evolving and implementing appropriate security, archival and retrieval policies. Explanation.- for the purpose of this notification,- (a) 'aircraft' shall have the same meaning assigned to it in the Explanation to clause (4F) of secti....

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....permission or registration under the Securities and Exchange Board of India Act, 1992 (15 of 1992) or any other relevant law, as mentioned in sub-section (1A) of section 80LA of the Income tax Act, 1961: Statement-cum-Declaration I ...................................... son/daughter of ............................... in capacity ........................................... , do hereby declare....