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Income Tax - Highlights / Catch Notes

Home Highlights January 2025 Year 2025 This

Central Government notified that no deduction of income-tax ...


Payments to National Credit Guarantee Trustee Company Limited Exempted from Income Tax Deduction.

January 3, 2025

Notifications     Income Tax

Central Government notified that no deduction of income-tax under Chapter XVII of Income-tax Act, 1961 shall be made on payments received by National Credit Guarantee Trustee Company Limited, being a company established and wholly financed by Central Government for operating credit guarantee funds referred to in section 10(46B)(i). Notification effective from date of publication in Official Gazette.

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