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Income Tax - Highlights / Catch Notes

Home Highlights February 2023 Year 2023 This

TDS on certain income from units of a business trust u/s 194LBA ...


Budget Simplifies TDS on Business Trust Income; No More Certificate Needed for Lower Deduction Rate from April 2023.

February 2, 2023

Notes     Income Tax

TDS on certain income from units of a business trust u/s 194LBA - This budget removes the difficulty of obtaining certificate of lower deduction rate u/s 197, w.e.f. 1st April 2023.

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