COVID-19 Relief Measures: CBDT Extends Validity Of Lower/nil Deduction Certificates Till 30 June.pdf

GT-India-COVID-19-CBDT-extends-validity-of-lower-or-nil-deduction-certificates-till-30-June.pdf
Preview of COVID-19 relief measures: CBDT extends validity of lower/nil deduction certificates till 30 June
🔗 Source: gtw3.grantthornton.in
📊 Size: 88 KB
👤 Author: Grant Thornton
⬇️ Downloads: 17

Summary

The Central Board of Direct Taxes (CBDT) has extended the validity of lower/nil tax deduction/collection (TDS/TCS) certificates till 30 June 2020 due to COVID-19 disruptions. This applies to cases where certificates for FY20 have been issued and applications for FY21 are pending or not filed. Fresh applications will follow a modified procedure, with tax deducted at 10% on payments to non-residents with a permanent establishment in India until 30 June 2020.

Description

The Central Board of Direct Taxes (CBDT) has extended the validity of lower/nil tax deduction/collection (TDS/TCS) certificates till 30 June 2020 due to...

Technical Information

  • File Format: PDF
  • File Size: 88 KB
  • Pages: 1
  • Language: EN
  • Author: Grant Thornton
  • Total Downloads: 17
  • Last Updated: 3 months ago

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