The Finance Bill, 2017 had proposed a new Section 194IB to the Income Tax Act, 1961 (the "Act"), to provide that individuals and Hindu Undivided Families ("HUFs") paying rent of INR 50,000 (Indian Rup...
Published On: 01/12/2016
Practice Area: Private Equity, Venture Capital and Fund Investment, Private Client
Authors:
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Ran Chakrabarti
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