TMI BlogAmendment of section 194D.X X X X Extracts X X X X X X X X Extracts X X X X ..... ords twenty thousand rupees , the words fifteen thousand rupees shall be substituted with effect from the 1st day of June, 2016. - Clause 73 of the Bill seeks to amend section 194D of the Income tax A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng the financial year to the account of, or to, the payee. However, the second proviso to the said section provides that no deduction of income-tax under that section shall be made if such amount does ..... X X X X Extracts X X X X X X X X Extracts X X X X
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