Chapter IIIB not to apply in certain cases The provisions of this Chapter shall not apply to the State Bank or a banking company as defined in section 5 of the Banking [Regulation] Act, 1949 (10 of 1949) or [a corresponding new bank as defined in clause (da) of section 5 of that Act or a subsidiary […]
Section 194H of the Income Tax Act, 1961 mandates Tax Deduction at the Source (TDS) on commission or brokerage payments to a resident individual. Any person not being an individual or HUF paying any commission or brokerage is liable for TDS under section 194H since commission or brokerage serves as a source of income. However, this section
The scheme of “Financial Assistance for the Marriage of Daughters of Poor Widows and Orphan Girls” is the welfare scheme by the Government of National Capital Territory of Delhi to provide financial assistance to poor widows for performing the marriage of their daughters (up to two daughters) and to provide financial assistance to the guardians
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