Income Tax: CBDT has exempted deduction of tax at source under section 194-I of the Income-tax Act, 1961 on payment of lease rent or supplemental lease rent made to a unit located in the International Financial Services Centre (IFSC) for the lease of an aircraft. (17.06.2022)

Income Tax:

CBDT has exempted deduction of tax at source under section 194-I of the Income-tax Act, 1961 on payment of lease rent or supplemental lease rent made to a unit located in the International Financial Services Centre (IFSC) for the lease of an aircraft.

(Notification No.65/2022-Income Tax Dated 16^th June 2022)