Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 TMI Notes - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Law:
---- All Laws----
  • ---- All Laws----
  • Benami Property
  • Bill
  • Central Excise
  • Companies Law
  • Customs
  • DGFT
  • FEMA
  • GST
  • GST - States
  • IBC
  • Income Tax
  • Indian Laws
  • Money Laundering
  • SEBI
  • SEZ
  • Service Tax
  • VAT / Sales Tax
Types:
---- All Types ----
  • ---- All Types ----
  • Act Rules
  • Case Laws
  • Circulars
  • Manuals
  • News
  • Notifications
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    ManualsIncome Tax
    What is the minimum donation limit to get tax deduction u/s 80GGA?
    ManualsIncome Tax
    What are the conditions to claim deduction u/s 80GG?
    ManualsIncome Tax
    Is loan taken in name of any family member is eligible for deduction u/s 80E?
    ManualsIncome Tax
    What is the main difference between deduction u/s 80U & u/s 80DD of the Act?
    ManualsIncome Tax
    Can a taxpayer claim deduction u/s 80DD for himself?
    ManualsIncome Tax
    Whether deduction u/s 80D is allowed if expenditure is made in cash?
    ManualsIncome Tax
    Can an individual pay medical insurance premium for spouse and claim deduction u/s 80D?
    ManualsIncome Tax
    Can a Guardian claim tax benefit u/s 80CCG if investment is done in the name of Minor?
    ManualsIncome Tax
    Can a non resident individual join NPS u/s 80CCD?
    ManualsIncome Tax
    Whether deduction u/s 80CCC is allowed only to the resident individuals?
    ManualsIncome Tax
    Whether education fees can be claimed as deduction u/s 80E and 80C both?
    ManualsIncome Tax
    Whether the post office savings scheme is eligible for deduction u/s 80C?
    ManualsIncome Tax
    Whether the repayment of loan taken for renovation/repair of house property is eligible for deductio...
    ManualsIncome Tax
    Whether section 80C allows deduction on re payment of housing loan?
    ManualsIncome Tax
    What kind of deduction is available for deduction u/s 80C?
    ManualsIncome Tax
    Who can take the benefit u/s 80C?
    ManualsIncome Tax
    While clubbing income of minor with the parent's income, the investment made by the minor u/s 80C al...
    ManualsIncome Tax
    Can a self employed individual claim the benefit of HRA u/s 10(13A)?
    ManualsIncome Tax
    Does actual payment of rent is required to claim HRA deduction u/s 10(13A)?
    ManualsIncome Tax
    Whether an employee is allowed deduction u/s 10(13A) even if he owns a house property?
❯❯
MaximizeMaximizeMaximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

    +

    Are you sure you want to delete "My most important" ?

    NOTE:

    Notes
    Showing Results for :
    Reset Filters
    Results Found:
    Show All SummariesHide All Summaries
    ManualsIncome Tax
    Show AI Summary
    Tax deduction under 80GGA allows any donation amount for scientific research or rural development to be claimed.
    Section 80GGA provides a tax deduction for sums donated for specified purposes of scientific research or rural development; there is no prescribed minimum donation threshold and any amount paid for the specified purpose is eligible for deduction.
    ManualsIncome Tax
    Show AI Summary
    Deduction under 80GG: individuals paying rent must submit Form 12BA to claim a rent deduction.
    An individual who pays rent for residential accommodation may claim deduction in respect of rent paid provided the claimant submits a written declaration in Form 12BA to the assessing officer asserting entitlement; the deduction is contingent on both actual rent payment and timely submission of the prescribed declaration.
    ManualsIncome Tax
    Show AI Summary
    Deduction under section 80E not available if education loan is taken in a family member's name.
    Deduction under section 80E for interest on higher education loans is available only where the assessee is the named borrower; loans taken in the name of a relative or other family member do not qualify for the deduction, because the borrower identity is the operative condition for entitlement.
    ManualsIncome Tax
    Show AI Summary
    Disability deduction: dependent relief under one provision versus taxpayer's own deduction under the other provision.
    Section 80DD provides a deduction for maintenance, including medical treatment, of a handicapped dependent claimed by the taxpayer, whereas Section 80U provides a deduction available to the taxpayer who is himself or herself a person with disability; the key distinction is whether the deduction is for a dependent or for the disabled taxpayer.
    ManualsIncome Tax
    Show AI Summary
    Section 80DD deduction applies only for maintenance of a disabled dependent, not for the taxpayer's own disability.
    Deduction under 80DD permits an income tax deduction for maintenance, including medical treatment, of a handicapped dependent who is a person with disability; the deduction is available for expenditure in respect of such a dependent and is not available to a taxpayer for his or her own disability-related expenses.
    ManualsIncome Tax
    Show AI Summary
    Deduction under section 80D denied for cash payments; only preventive health checkup expenses may be paid in cash.
    Deduction for medical insurance premia under deduction u/s 80D is not available where the expenditure is made in cash; payments must be by non-cash modes to qualify, except that expenditure on preventive health checkups may be incurred in cash and still qualify for the deduction.
    ManualsIncome Tax
    Show AI Summary
    Medical insurance premium deduction allowed when an individual pays for spouse, self and dependents under section 80D.
    An individual is entitled to claim a deduction for premiums paid for medical insurance covering the individual, the spouse, dependent children and parents under the medical insurance premium deduction framework; premiums paid by an individual for insurance on the health of those family members qualify for deduction.
    ManualsIncome Tax
    Show AI Summary
    Tax benefit under 80CCG: guardian may claim deduction for investments made in a minor's name, subject to individual limits.
    A guardian who makes investments in a minor's name may claim the deduction under 80CCG, subject to the overall deduction limit applicable to the guardian as an individual and compliance with the scheme's conditions.
    ManualsIncome Tax
    Show AI Summary
    Non-resident individuals joining NPS: eligible to open accounts, but accounts close if citizenship changes under pension deduction rules.
    Non resident individuals may join the National Pension System and make contributions eligible for pension contribution deduction under income tax provisions; however, an NPS account will be closed if the member's citizenship status subsequently changes, affecting continued participation and account maintenance.
    ManualsIncome Tax
    Show AI Summary
    Deduction under section 80CCC can be claimed by non-resident individuals contributing to pension funds under the statute.
    The provision permits a deduction for contributions to pension funds and does not impose a residency restriction, so non-resident individuals who make qualifying contributions to pension funds are eligible to claim the deduction under the section.
    ManualsIncome Tax
    Show AI Summary
    Education loan interest deductible for borrower; tuition fee relief limited to two children under a separate deduction.
    Only interest paid on an education loan for the taxpayer or a dependent qualifies under the education-loan interest deduction head, while tuition fees qualify under a separate tuition-fee deduction head and are restricted to tuition paid for a limited number of children; the two deductions are distinct and non-overlapping.
    ManualsIncome Tax
    Show AI Summary
    Deduction under section 80C: Post Office five year time deposit qualifies as an eligible investment for deduction.
    Contributions to the Post Office five year time deposit scheme are eligible to be claimed as a deduction under section 80C, and may be included among other specified investments such as life insurance premiums, deferred annuities and provident fund contributions, subject to the overall limits and conditions applicable to 80C deductions.
    ManualsIncome Tax
    Show AI Summary
    Section 80C deduction excludes loan repayments for renovation or repair of residential property under income tax law.
    Repayments of loans taken for renovation or repair of residential property are not eligible for deduction under deduction under section 80C, which is confined to specified savings and investment outlays such as life insurance premiums, deferred annuities and provident fund contributions and does not include repair or renovation costs of a dwelling.
    ManualsIncome Tax
    Show AI Summary
    Deduction under section 80C: repayment of principal on housing loan qualifies, interest payments do not.
    Payments toward the cost of purchase or construction of a new residential property qualify for deduction under the provision and expressly include repayment of the principal amount of a housing loan; interest paid on such a housing loan is not eligible for deduction under the same provision.
    ManualsIncome Tax
    Show AI Summary
    Deduction under section 80C covers life insurance, provident fund and deferred annuity contributions and limited tuition fees.
    Deduction under section 80C permits tax deductions for specified savings and insurance instruments such as life insurance premia, provident fund contributions and deferred annuities, subject to statutory limits and qualifying conditions. Only tuition fees paid in India for full time education of up to two children qualify as deductible educational expenses; other charges like development fees or donations are not eligible.
    ManualsIncome Tax
    Show AI Summary
    Deduction under section 80C available only to individuals and HUFs for life insurance and provident fund contributions.
    The provision permits deduction for life insurance premia, deferred annuity premiums and contributions to provident funds, available exclusively to Individual and HUF taxpayers as the classes eligible to claim the tax benefit.
    ManualsIncome Tax
    Show AI Summary
    Clubbing of minor income: investments made by the minor qualifying for investment-based deductions may be claimed when income is clubbed.
    When a minor's income is clubbed with a parent's income, investments made by the minor that qualify under the investment-based deduction framework-including life insurance premiums, provident fund contributions, and deferred annuity payments-may be considered as deductible in computing the parent's taxable income.
    ManualsIncome Tax
    Show AI Summary
    HRA exclusion for self-employed; rent deduction available under section 80GG if statutory eligibility conditions are met.
    HRA under section 10(13A) is a salary-linked exemption not available to self-employed individuals; self-employed taxpayers may claim a deduction for rent paid under section 80GG, subject to the statutory eligibility conditions and limits governing that deduction.
    ManualsIncome Tax
    Show AI Summary
    Actual rent payment required for HRA deduction - absence of rent payment for any period disqualifies entitlement to deduction.
    The House Rent Allowance deduction under section 10(13A) is conditional on actual rent payment for residential accommodation; if no rent is paid for any period, no deduction is allowable for that period, and entitlement to HRA or notional occupancy does not replace the need for real rent outgo.
    ManualsIncome Tax
    Show AI Summary
    Deduction under section 10(13A) available despite house ownership when employee resides in rented accommodation.
    An employee who actually resides in rented accommodation may claim the salary-specific exemption for rent allowance under section 10(13A) even if he owns a house property in the same or a different city; entitlement depends on factual occupancy of rented premises rather than mere ownership of residential property.

    TMI Notes

    Back

    All TMI Notes

    Showing Results for :
    Reset Filters
      No Records Found

      TMI Notes

      Back

      All TMI Notes

      whatsappJoin Channel
      Showing Results for : Reset Filters

      Transitioning TDS on Infrastructure Debt Fund Interest : Clause 393(2)[Table: S.No. 5] of the Income Tax Bill, 2025 Vs. Section 194LB of the Income-tax Act, 1961

      24 June, 2025

      Contents
      Acts
      Rules & Regulations
      Summary
      Note

      Note

      -

      Bookmark

      Print

      Print

      Clause 393 Tax to be deducted at source.

      Income Tax Bill, 2025

      Introduction

      Clause 393 of the Income Tax Bill, 2025, represents a comprehensive framework for the deduction of tax at source (TDS) on various payments, including those made to residents and non-residents. Within this framework, Clause 393(2)[Table: S.No. 5] specifically addresses the regime for TDS on interest income paid by infrastructure debt funds to non-residents, a subject previously governed by Section 194LB of the Income-tax Act, 1961. Section 194LB was introduced in the Income-tax Act, 1961, via the Finance Act, 2011, to facilitate foreign investment in Indian infrastructure by providing a concessional TDS rate on interest payments made by infrastructure debt funds to non-resident investors. The intent was to make infrastructure debt funds (IDFs) an attractive investment avenue for international capital, thereby supporting the growth of India's infrastructure sector. The proposed Clause 393(2)[Table: S.No. 5] in the Income Tax Bill, 2025, seeks to continue this policy direction, albeit with modifications that reflect the evolving landscape of tax administration, international best practices, and the need for greater clarity and uniformity in TDS provisions. This commentary will analyze the detailed provisions of Clause 393(2)[Table: S.No. 5], interpret its scope and application, highlight its practical implications, and compare it with the existing Section 194LB to identify similarities, differences, and potential areas of legal and practical significance.

      Objective and Purpose

      The legislative intent behind both Section 194LB and Clause 393(2)[Table: S.No. 5] is to provide a clear and predictable tax regime for interest income earned by non-residents (including foreign companies) from investments in Indian infrastructure debt funds. The objectives can be summarized as follows:

      • Facilitate Foreign Investment: By offering a concessional TDS rate, the provisions aim to attract long-term foreign capital to India's infrastructure sector, which is capital-intensive and crucial for economic development.
      • Ensure Tax Compliance: The requirement for TDS ensures that tax is collected at the earliest point of income accrual or payment, minimizing tax evasion risks associated with cross-border interest payments.
      • Provide Certainty and Uniformity: By specifying the rate, timing, and responsible person for deduction, the provisions create a uniform standard that is easy to administer and comply with.
      • Alignment with International Practices: The concessional rate and clarity in application are in line with international best practices for cross-border interest payments, particularly in the context of infrastructure financing.

      The transition from Section 194LB to Clause 393(2)[Table: S.No. 5] reflects the government's effort to consolidate, rationalize, and modernize the TDS provisions within the new legislative framework of the Income Tax Bill, 2025.

      Detailed Analysis

      1. Textual Analysis of Clause 393(2)[Table: S.No. 5]

      Clause 393(2)[Table: S.No. 5]:
      Nature of Income or Sum: Any income by way of interest.
      Payee: Any non-resident (not being a company) or a foreign company.
      Payer: Any infrastructure debt fund referred to in Schedule VII (Table: Sl. No. 46).
      Rate: 5%.

      Key elements for analysis:

      • Nature of Income: The provision applies to "any income by way of interest." The generic reference to "interest" is significant, as it covers all forms of interest payments by an eligible IDF to eligible non-resident recipients.
      • Payee: The provision is applicable when the payee is a "non-resident (not being a company) or a foreign company." This mirrors the language of Section 194LB, ensuring that both individuals and entities incorporated outside India are covered.
      • Payer: The payer must be an "infrastructure debt fund referred to in Schedule VII (Table: Sl. No. 46)." The reference to Schedule VII ensures that only entities notified/recognized as IDFs under the new Act are eligible to avail of this concessional regime.
      • Rate of Deduction: The specified TDS rate is 5%, which is consistent with the concessional rate provided u/s 194LB.
      • Timing: As per the general rule in Clause 393(2), TDS must be deducted at the time of credit to the payee's account or payment, whichever is earlier.
      • Scope and Limitation: The provision does not specify a threshold limit, meaning that all such payments, irrespective of amount, are subject to TDS at the specified rate.

      2. Textual Analysis of Section 194LB of the Income-tax Act, 1961

      Section 194LB:
      Where any income by way of interest is payable to a non-resident, not being a company, or to a foreign company, by an infrastructure debt fund referred to in clause (47) of section 10, the person responsible for making the payment shall, at the time of credit of such income to the account of the payee or at the time of payment thereof in cash or by issue of a cheque or draft or by any other mode, whichever is earlier, deduct income-tax thereon at the rate of five per cent.

      Key elements:

      • Nature of Income: "Income by way of interest" - similar to Clause 393(2).
      • Payee: "Non-resident, not being a company, or to a foreign company" - same as Clause 393(2).
      • Payer: "Infrastructure debt fund referred to in clause (47) of section 10" - the definition of IDF is linked to a specific clause, which may be cross-referenced in the new Bill to Schedule VII.
      • Rate: 5%.
      • Timing: At the time of credit or payment, whichever is earlier.

      3. Comparative Table of Key Provisions

      Key Points of Comparison

      AspectSection 194LB of the Income-tax Act, 1961Clause 393(2)[Table: S.No. 5] of the Income Tax Bill, 2025Analysis
      ApplicabilityInterest payable by infrastructure debt fund to non-resident (not being a company) or foreign companyInterest payable by infrastructure debt fund (as per Schedule VII) to non-resident (not being a company) or foreign companySubstantially similar; both target interest paid by IDFs to foreign investors
      Eligible PayerInfrastructure debt fund referred to in section 10(47)Infrastructure debt fund referred to in Schedule VII (Table: Sl. No. 46)Reference updated to new Schedule VII, but intent and scope remain the same
      Eligible PayeeNon-resident (not being a company) or foreign companyNon-resident (not being a company) or foreign companyNo change
      Rate of TDS5%5%No change
      Time of DeductionAt credit or payment, whichever is earlierAt credit or payment, whichever is earlierNo change
      Definition of IDFAs per section 10(47)As per Schedule VII (Table: Sl. No. 46)Reference to definition updated for legislative consistency
      Procedural ProvisionsLimited; relies on general TDS frameworkIntegrated with broader TDS regime under Clause 393Greater administrative clarity and harmonization in the new Bill
      Exceptions/ExemptionsNot specified in 194LB itself; see general TDS exceptionsSubject to exceptions and no-deduction provisions under Clause 393(4)-(9)More explicit and structured exceptions in the new Bill

      4. Interpretation and Potential Issues

      • Definition of Infrastructure Debt Fund: Section 194LB refers to IDFs as defined in section 10(47) of the 1961 Act, which encapsulates entities notified by the Central Government. Clause 393(2) refers to Schedule VII (Table: Sl. No. 46) of the 2025 Bill. The substance is likely to remain the same, but the cross-reference is updated to align with the new legislative structure.
      • Scope of "Interest": Both provisions use the term "interest" without further qualification, implying that all forms of interest payments by IDFs to eligible non-residents are covered. However, judicial interpretation may be required if new instruments or hybrid securities emerge.
      • Absence of Threshold: The lack of a minimum threshold means that even small interest payments are subject to TDS, which could increase compliance costs for IDFs and recipients.
      • Interaction with Double Taxation Avoidance Agreements (DTAAs): Both provisions are subject to the overriding effect of DTAAs u/s 90 of the 1961 Act (and the corresponding provision in the 2025 Bill). If the DTAA provides for a lower rate or specific exemption, the DTAA will prevail.
      • Withholding Responsibility: The responsibility for TDS remains with the IDF, ensuring tax is collected at the source of payment.
      • Grossing Up: If the agreement between the IDF and the investor stipulates that the interest is payable net of tax, the payer must gross up the payment for TDS purposes as per general TDS principles (see Clause 393(10)).

      5. Exemptions and Special Provisions

      The new Bill, like the 1961 Act, provides for certain exemptions and special cases where TDS is not required. However, for Clause 393(2)[Table: S.No. 5], there is no explicit exemption under the general "no deduction" tables unless the income is otherwise exempt under the Act or under a DTAA.

      Practical Implications

      1. For Infrastructure Debt Funds

      • Compliance: IDFs must deduct TDS at 5% on all interest payments to eligible non-resident investors, irrespective of the quantum.
      • Documentation: IDFs must maintain accurate records of payments, TDS deductions, and remittances to tax authorities. They must also ensure correct classification of payees as non-residents or foreign companies.
      • Reporting: Timely filing of TDS returns and issuance of TDS certificates to payees is mandatory.
      • DTAA Considerations: IDFs must obtain and verify tax residency certificates and other documentation if a payee claims benefit under an applicable DTAA.
      • Grossing Up: Where interest is agreed on a net-of-tax basis, IDFs must gross up the payment for TDS calculation, increasing the effective cost of funds.

      2. For Non-Resident Investors

      • Certainty of Taxation: The 5% TDS rate provides certainty and predictability for foreign investors regarding their post-tax returns.
      • DTAA Relief: Investors may be eligible for a lower rate or exemption under an applicable DTAA. In such cases, the onus is on the investor to provide the necessary documentation to the IDF.
      • Refunds and Credits: If the actual tax liability is lower than the TDS deducted (due to DTAA or other reasons), the investor may seek a refund by filing a tax return in India.
      • Compliance Burden: While TDS simplifies collection, investors must ensure compliance with Indian tax regulations, including obtaining a PAN and filing returns if necessary.

      3. For Tax Authorities

      • Ease of Administration: The provision ensures that tax on cross-border interest payments is collected efficiently at source, reducing the risk of tax leakage.
      • Audit and Enforcement: The authorities can audit IDFs for TDS compliance and penalize non-compliance, ensuring robust enforcement.

      4. For the Infrastructure Sector

      • Enhanced Foreign Participation: The concessional regime is likely to encourage greater foreign investment in Indian infrastructure, supporting capital formation and sectoral growth.
      • Cost of Funds: The 5% TDS rate, along with potential grossing up, has a direct impact on the cost of funds for IDFs, which may influence the pricing of debt instruments and project financing structures.

      Comparative Analysis with Section 194LB of the Income-tax Act, 1961

      1. Substantive Similarities

      • Identical Coverage: Both provisions apply to interest payments by IDFs to non-resident individuals and foreign companies.
      • Concessional Rate: The 5% TDS rate is retained in the new Bill, maintaining the concessional tax treatment for eligible investors.
      • Timing and Manner: The requirement to deduct TDS at the earlier of credit or payment is consistent across both provisions.
      • No Threshold: Both provisions apply irrespective of the amount of interest paid.

      2. Structural and Procedural Differences

      • Reference to IDF Definition: Section 194LB refers to section 10(47) of the 1961 Act, while Clause 393(2) refers to Schedule VII (Table: Sl. No. 46) of the 2025 Bill. This is a structural change, not a substantive one, reflecting the reorganization of the statute.
      • Integration with New TDS Framework: Clause 393 of the 2025 Bill is part of a broader, harmonized TDS regime that seeks to standardize procedures, rates, and compliance requirements across various types of payments and payees. This integration may facilitate easier compliance and administration.
      • Potential for Future Amendments: The use of schedules and tables in the 2025 Bill allows for easier amendments and notifications by the government, providing flexibility to adapt to changing policy needs.
      • Interaction with Other Provisions: The 2025 Bill, through its various notes and cross-references, clarifies the precedence of TDS provisions and their interaction with other sections (e.g., grossing up, DTAA overrides, and exceptions), which may reduce litigation and ambiguity.

      3. Potential Ambiguities and Issues

      • Definition Consistency: The shift from a statutory definition (section 10(47)) to a schedule-based definition (Schedule VII) requires careful alignment to ensure that all entities currently recognized as IDFs continue to be covered without disruption.
      • Procedural Clarity: While the substance remains the same, changes in language or structure may create transitional confusion for taxpayers and administrators. Guidance or clarification from the Central Board of Direct Taxes (CBDT) may be required.
      • Interaction with Other TDS Provisions: The harmonized TDS regime in the 2025 Bill may lead to questions regarding the precedence of provisions, especially if interest payments could potentially fall under more than one category. The notes and cross-references in the tables attempt to address this, but practical challenges may arise.

      Conclusion

      Clause 393(2)[Table: S.No. 5] of the Income Tax Bill, 2025, effectively carries forward the policy architecture of Section 194LB of the Income-tax Act, 1961, by providing a concessional 5% TDS rate on interest paid by infrastructure debt funds to non-resident investors. The provision is designed to facilitate foreign investment, ensure tax compliance, and provide certainty to both payers and payees. While the substance of the law remains largely unchanged, the reorganization, harmonization, and modernization of the TDS provisions in the 2025 Bill may have practical implications for compliance, administration, and interpretation. The new structure, with its reliance on schedules and tables, offers greater flexibility for future policy adjustments but may require transitional guidance to ensure smooth implementation. The continued emphasis on a low TDS rate for cross-border infrastructure financing is a positive signal for foreign investors and the infrastructure sector. However, stakeholders must remain vigilant regarding procedural changes, documentation requirements, and the evolving interplay between domestic law and international tax treaties.


      Full Text:

      Clause 393 Tax to be deducted at source.

      Topics

      ActsIncome Tax