কর ব্যতীত পরিশোধ এর ক্ষেত্রে গ্রস-আপ পূর্বক কর কর্তন বা সংগ্রহ

(1) Where a person responsible for making a payment or a specified person makes any payment without deducting tax, tax shall be deducted at the applicable rate on the amount calculated in the following manner, namely: -

C = (100 × A)/ (100 - B), where-

C = The amount calculated for the purpose of tax deduction,

A = The amount of payment excluding tax,

B = The applicable tax rate.

(2) Where the recipient of a payment excluding tax-

(a) is required to submit proof of return filing but fails to do so; or

(b) fails to receive the payment through bank transfer,

in such cases, the ‘R’ described in sub-section (1) shall be determined in accordance with the provisions of this chapter.

(3) For the purposes of this section, “payment excluding tax” means any payment made by the payer to the recipient under any contract or arrangement without deduction or collection of tax at source.

Comment :