Tag: Form No. 1(N)

No TDS on Aircraft and Ship Lease Rentals Paid to IFSC Units

The CBDT has issued two notifications extending TDS relief to GIFT City’s International Financial Services Centre (IFSC) – this time targeting the aviation and shipping leasing sectors. Both notifications, dated… Read more »

No TDS on Payments to GIFT City IFSC Units

The Central Board of Direct Taxes (CBDT) has issued a fresh notification – Notification No. 80/2026, dated 10th July 2026 – that removes the requirement to deduct TDS on several… Read more »