Evaluation of the changes in the Finance Bill, 2020 as passed by the Lok Sabha

The Bill which was presented originally in the Lok Sabha on 01-02-2020 has not passed in its original shape. More than 50 changes have been proposed in the Finance Bill, 2020 which was originally presented in the Lok Sabha. New amendments are proposed, scope of some provisions have been expanded, some  proposed amendments are removed, so on and so forth.

A snippets of all changes made  in the Finance Bill, 2020 (as  passed by the  Lok  Sabha)

viz-a-viz the Finance Bill, 2020 as presented in the Lok Sabha are presented hereunder.

01.  Residential Status  

 

02.  Equalization Levy

03.  Section 194N

04.  TCS 

05.   Section 194K

06.  Business Trust

07.  Section 80M  

08.  Corpus Donation

09.  Tax on Dividend

10.  Others