Section 89 - Deductions from Payment to Contractors, Suppliers etc.
Where any payment is made by a specified person to a resident for any of the following reasons-
(a) enter into any contract other than a contract for rendering or supply of services referred to in any other clause of Part-7;
(b) delivery of goods;
(c) production, processing or conversion;
(d) printing, packaging or converting,
In such case, the person responsible for the said payment shall deduct tax at the rate not more than (ten percent), as determined on the base price at the time of such payment or credit.
Note: This is unofficial English translation. In the event of a conflict between the information on this website and the original Government publications or notifications of laws, rules, regulations, and SROs, the Government publications or notifications shall prevail. Moreover, as per Section 345(2) of the Income Tax Act 2023, if there is a conflict between the English and Bengali text, the Bengali text shall prevail.