Friday, August 26, 2022

Clarificatory circular on new TDS provisions for banks soon, says CBDT chairman

While the CBDT had issued a set of guidelines in June with regard to the applicability of the newly introduced section 194R in the Income Tax Act, the banking sector had specific concerns with regard to their businesses and operations.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/clarificatory-circular-on-new-tds-provisions-for-banks-soon-says-cbdt-chairman/articleshow/93796741.cms

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