Friday, 24 April 2015

Entity working for ex-servicemen and enjoying exemption under Sec. 10(26BBB) gets immunity from TDS

IT : Section 10(26BBB) of the Income-tax Act, 1961 – Corporation established for welfare and economic upliftment of ex-servicemen – Requirement of tax deduction at source in case of corporations whose income is exempt under section 10(26BBB) – Exemption thereof

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