Centre

Income-tax (Sixth Amendment) Rules, 2024

The CBDT has published the Income-tax (Sixth Amendment) Rules, 2024 amending Form 27Q.

As per the Amendment, in Form No. 27Q, in the Annexure, under the heading “Verification”, in the Notes,after Note No. 7, the following Note shall be inserted, namely:–– 7A. Write “P” if lower deduction or no deduction is in view of notification issued under sub-section (1F) of section 197A.

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