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The Central Board of Direct Taxes issues a correction for a prior notification published on 7th May 2021. The board changes the term payee to payer in the specified notification.
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THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM New Delhi, the 10th May, 2021 (INCOME-TAX)
S.O. 1839(E).—In the Notification of the Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, published on 7th May, 2021, vide S.O. 1803(E), in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), “payee” is to be read as “payer”.
[Notification No. 59/2021/ F. No. 225/58/2021-ITA.-II]
PRAJNA PARAMITA, Director