Collection and recovery of equalisation levy - Clause 163 of the ...

Clause 163: Equalisation Levy Collection from Residents and Non-Residents with Permanent Establishments in India Due Monthly.

March 4, 2016

Act Rules Bill

Collection and recovery of equalisation levy - Clause 163 of the Bill provides for collection and recovery of equalisation levy by a person, being a resident and carrying on business or profession or a non-resident having a permanent establishment in India (assessee) by way of deduction from the amount paid or payable to the non-resident in respect of specified services. The amount of equalisation levy so deducted by the payer has to be paid to the credit of the Government by 7th day of the month following the month in which the equalisation levy is collected.

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Collection and recovery of equalisation levy - Clause 163 of the ...

Clause 163: Equalisation Levy Collection from Residents and Non-Residents with Permanent Establishments in India Due Monthly.

March 4, 2016

Act Rules Bill

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