The Central Board of Direct Taxes (CBDT) has issued the Income-tax (Seventh Amendment) Rules, 2025, introducing key changes to the Income-tax Rules, 1962. The notification, published in the Official Gazette, amends Forms 26Q and 27Q, incorporating Section 194T of the Income-tax Act, 1961.
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Section 194T Introduced: TDS on Payments to Partners Now Mandatory
Last updated: 28 March 2025
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