Pvt companies required to deduct tax at source while issuing bonus or rights shares

New Delhi, Sep 13 (IANS) The Central Board of Direct Taxes (CBDT) on Tuesday issued another circular to further clarify issues arising on deduction of tax at source under the newly-inserted Section 194-R in respect of benefits or perquisites provided to residents in cash or in kind in the course of business or profession. As … Read more