Tuesday, July 21, 2020

TDS on Cash Withdrawals: CBDT clarifies on Validity of Exemption Notifications [Read Circular]

The Central Board of Direct Taxes ( CBDT ) on Monday notified clarification in relation to the notification issued under clause (v) of the proviso to section 194N of the Income Tax Act, 1961 prior to its amendment by Finance Act, 2020. Section 194N of the Act as inserted by Finance ( No. 2 ) […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2ZMTXoM

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