The Central Board of Direct Taxes (CBDT) exempted Air India from deducting TDS and TCS. The notification says, “in exercise of the powers conferred by Explanation to sub-section (1) of section 194Q of the Income-tax Act, 1961 (43 of 1961) , the Central Government hereby specifies that Air India Assets Holding Limited (PAN: AAQCA4703M) shall […]
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