CBDT Notifies Exemption for IFSC Units from Section 206C(1H) Tax Collection Under Income-tax Act

Last updated: 09 January 2025


The Central Board of Direct Taxes (CBDT) has issued a key update via Notification No. 6/2025 dated January 6, 2025, exempting Units of International Financial Services Centres (IFSC) from being treated as buyers under Section 206C(1H) of the Income-tax Act, 1961. This provision pertains to tax colle
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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