Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Income Tax Bill 2025 Clause 393(10) introduces grossing-up mechanism for tax deduction ensuring proper collection</h1> The Income Tax Bill 2025's Clause 393(10) introduces a grossing-up mechanism for tax deduction at source, succeeding Section 195A of the Income-tax Act 1961. When a payer agrees to bear the tax liability on behalf of the payee under an agreement, the income must be increased to ensure that after TDS deduction, the net amount equals the contractual payment. This prevents tax base erosion and ensures proper tax collection. The provision applies to all TDS scenarios except salary cases, requiring the gross amount to be calculated such that the net receipt matches the agreed payment after applicable tax rates.
TaxTMI 
TaxTMI 