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Banks exempted from 10 TDS for onetime loan settlement, CBDT clarifies

valid until: 27 Sep 2023date published: 27 Sep 2022

The income tax department on Tuesday clarified that the recently introduced tax deducted at source (TDS) provisions will not apply to loans waived through one-time settlements

Read More: https://www.taxgyata.com/ap/banks-exempted-from-10-tds-for-one-time-loan-settlement-cbdt-clarifies/

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Banks exempted from 10 TDS for onetime loan settlement, CBDT clarifies