@mudraforge/statutory 2.12.1 → 2.13.0

package/okf/corporate_ma_restructuring/share_based_payments_indas_102/ast.json

@@ -0,0 +1,20 @@
+{
+  "sectionId": "INDAS102_SHARE_BASED_PAYMENTS",
+  "version": "1.0.0",
+  "governingStatute": "Companies (Indian Accounting Standards) Rules, 2015",
+  "statutorySection": "Ind AS 102 / ASC 718",
+  "successorStatute": "Ind AS 102",
+  "successorSection": "Ind AS 102",
+  "triggerPolicy": {
+    "type": "TRANSACTION_DATE",
+    "description": "Grant date fair value ESOP graded vesting expense amortization"
+  },
+  "computation": {
+    "archetype": "SHARE_BASED_PAYMENTS_INDAS102",
+    "vestingModel": "GRADED_VESTING_AMORTIZATION"
+  },
+  "rounding": {
+    "transactionLine": "COMMERCIAL_PAISA",
+    "assessmentTotal": "COMMERCIAL_PAISA"
+  }
+}

package/okf/corporate_ma_restructuring/slump_sale_50b/ast.json

@@ -0,0 +1,21 @@
+{
+  "sectionId": "ITACT1961_SEC50B",
+  "version": "1.0.0",
+  "governingStatute": "Income-tax Act, 1961",
+  "statutorySection": "Section 50B read with Rule 11UAE",
+  "successorStatute": "Income-tax Act, 2025",
+  "successorSection": "Section 50B equivalent",
+  "triggerPolicy": {
+    "type": "TRANSACTION_DATE",
+    "description": "Lump-sum business undertaking transfer capital gains computation"
+  },
+  "computation": {
+    "archetype": "SLUMP_SALE_NET_WORTH_50B",
+    "excludeRevaluationReserve": true,
+    "depreciableAssetBasis": "WDV_UNDER_SECTION_43_6"
+  },
+  "rounding": {
+    "transactionLine": "COMMERCIAL_PAISA",
+    "assessmentTotal": "COMMERCIAL_PAISA"
+  }
+}

package/okf/corporate_ma_restructuring/tax_clearance_sec281/ast.json

@@ -0,0 +1,21 @@
+{
+  "sectionId": "ITACT1961_SEC281",
+  "version": "1.0.0",
+  "governingStatute": "Income-tax Act, 1961",
+  "statutorySection": "Section 281",
+  "successorStatute": "Income-tax Act, 2025",
+  "successorSection": "Section 281 equivalent",
+  "triggerPolicy": {
+    "type": "TRANSACTION_DATE",
+    "description": "Evaluation of asset transfer during pending tax assessment proceedings"
+  },
+  "computation": {
+    "archetype": "TAX_CLEARANCE_VOID_TRANSFER_SEC281",
+    "deMinimisDemandInr": 5000,
+    "deMinimisAssetInr": 10000
+  },
+  "rounding": {
+    "transactionLine": "COMMERCIAL_PAISA",
+    "assessmentTotal": "COMMERCIAL_PAISA"
+  }
+}

package/okf/direct_tax/corporate_tax_115baa_115jb/ast.json

@@ -0,0 +1,23 @@
+{
+  "sectionId": "ITACT1961_SEC115BAA_115JB",
+  "version": "1.0.0",
+  "governingStatute": "Income-tax Act, 1961",
+  "statutorySection": "Sections 115BAA, 115JB & 115JAA",
+  "successorStatute": "Income-tax Act, 2025",
+  "successorSection": "Section 115BAA & MAT equivalents",
+  "triggerPolicy": {
+    "type": "FISCAL_YEAR_END",
+    "description": "Annual Corporate Tax Return filing & MAT comparison"
+  },
+  "computation": {
+    "archetype": "CORPORATE_TAX_MAT_VS_CONCESSIONAL",
+    "concessionalBaseRate": 0.22,
+    "matBaseRate": 0.15,
+    "surchargeConcessional": 0.1,
+    "cessRate": 0.04
+  },
+  "rounding": {
+    "transactionLine": "COMMERCIAL_PAISA",
+    "assessmentTotal": "COMMERCIAL_PAISA"
+  }
+}

package/okf/direct_tax/income_taxes_deferred_tax_indas_12/ast.json

@@ -0,0 +1,20 @@
+{
+  "sectionId": "INDAS12_INCOME_TAXES",
+  "version": "1.0.0",
+  "governingStatute": "Companies (Indian Accounting Standards) Rules, 2015",
+  "statutorySection": "Ind AS 12 / ASC 740",
+  "successorStatute": "Ind AS 12",
+  "successorSection": "Ind AS 12",
+  "triggerPolicy": {
+    "type": "FISCAL_YEAR_END",
+    "description": "Period-end tax balance sheet timing difference recognition"
+  },
+  "computation": {
+    "archetype": "DEFERRED_TAX_TIMING_DIFFERENCE",
+    "prudenceTest": "PROBABLE_FUTURE_TAXABLE_PROFIT"
+  },
+  "rounding": {
+    "transactionLine": "COMMERCIAL_PAISA",
+    "assessmentTotal": "COMMERCIAL_PAISA"
+  }
+}

package/okf/direct_tax/special_rates_non_filer_206ab/ast.json

@@ -0,0 +1,26 @@
+{
+  "sectionId": "ITACT1961_SEC206AB",
+  "version": "1.0.0",
+  "governingStatute": "Income-tax Act, 1961",
+  "statutorySection": "Section 206AB",
+  "successorStatute": "Income-tax Act, 2025",
+  "successorSection": "Omitted w.e.f. 1 April 2025 by Finance Act, 2025",
+  "triggerPolicy": {
+    "type": "EARLIER_OF",
+    "events": [
+      "creditDate",
+      "paymentDate"
+    ],
+    "description": "Earlier of credit or payment for non-compliant specified persons"
+  },
+  "computation": {
+    "archetype": "NON_FILER_PENAL_RATE_206AB",
+    "multiplier": 2,
+    "minimumPenalRatePercent": 5,
+    "sunsetOmissionDate": "2025-04-01"
+  },
+  "rounding": {
+    "transactionLine": "COMMERCIAL_PAISA",
+    "assessmentTotal": "COMMERCIAL_PAISA"
+  }
+}

package/okf/direct_tax/statutory_disallowance_43b/ast.json

@@ -0,0 +1,35 @@
+{
+  "sectionId": "ITACT1961_SEC43BH",
+  "version": "1.0.0",
+  "governingStatute": "Income-tax Act, 1961",
+  "statutorySection": "Section 43B(h)",
+  "successorStatute": "Income-tax Act, 2025",
+  "successorSection": "Section 37(2)(g)",
+  "triggerPolicy": {
+    "type": "PAYMENT_ONLY",
+    "description": "Evaluated against invoice date, agreed terms, and March 31 fiscal year-end boundary"
+  },
+  "guards": [
+    {
+      "id": "GUARD_TRADER_EXCLUSION",
+      "field": "isTrader",
+      "operator": "IS_TRUE",
+      "onMatch": {
+        "action": "HALT_EXEMPT",
+        "disposition": "EXEMPT_TRADER_NOT_GOVERNED_BY_43BH",
+        "reason": "Retail and wholesale trade (NIC 45, 46, 47) excluded from Section 43B(h) per Ministry OM 02.07.2021"
+      }
+    }
+  ],
+  "computation": {
+    "archetype": "MSME_FISCAL_BOUNDARY_43BH",
+    "maxWrittenDays": 45,
+    "statutoryBaselineDays": 15,
+    "fiscalYearBoundaryMonth": 3,
+    "fiscalYearBoundaryDay": 31
+  },
+  "rounding": {
+    "transactionLine": "COMMERCIAL_PAISA",
+    "assessmentTotal": "INCOME_TAX_ACT_1961_SEC288B"
+  }
+}

package/okf/direct_tax/tcs_goods_206c_1h/ast.json

@@ -0,0 +1,69 @@
+{
+  "$schema": "https://mudraforge.in/schemas/statutory-ast-v2.1.json",
+  "sectionId": "ITA1961_SEC206C_1H",
+  "version": "2.1.0",
+  "title": "TCS on Sale of Goods Exceeding Fifty Lakh Rupees",
+  "governingStatute": "Income-tax Act, 1961",
+  "statutorySection": "Section 206C(1H)",
+  "successorStatute": "Income-tax Act, 2025",
+  "successorSection": "Section 206C(1H) (Omitted w.e.f. 1 April 2025)",
+  "successorTableItem": "OMITTED_SUNSET_BY_FINANCE_ACT_2025",
+  "transitionalCutoverDate": "2025-04-01",
+  "effectivePeriod": {
+    "validFrom": "2020-10-01",
+    "validTo": "2025-03-31"
+  },
+  "triggerPolicy": {
+    "type": "DEBIT_OR_RECEIPT",
+    "events": [
+      "PAYMENT_DISBURSEMENT"
+    ],
+    "statutoryBasis": "Section 206C(1H) at the time of receipt of amount"
+  },
+  "guards": [
+    {
+      "id": "GUARD_SUNSET_OMITTED_FINANCE_ACT_2025",
+      "field": "isPostSunset2025",
+      "operator": "EQ",
+      "value": true,
+      "onMatch": {
+        "action": "HALT_EXEMPT",
+        "disposition": "OMITTED_SUNSET_BY_FINANCE_ACT_2025",
+        "reason": "Section 206C(1H) was omitted effective 1 April 2025 by Finance Act, 2025."
+      }
+    },
+    {
+      "id": "GUARD_BUYER_LIABLE_FOR_194Q",
+      "field": "isBuyerDeducting194Q",
+      "operator": "EQ",
+      "value": true,
+      "onMatch": {
+        "action": "HALT_EXEMPT",
+        "disposition": "EXEMPT_BUYER_DEDUCTING_194Q",
+        "reason": "Section 206C(1H) second proviso: TCS not applicable if buyer is liable and deducting TDS under 194Q."
+      }
+    },
+    {
+      "id": "GUARD_MISSING_PAN_TCS_1_PERCENT",
+      "field": "payee.isPanValid",
+      "operator": "EQ",
+      "value": false,
+      "onMatch": {
+        "action": "OVERRIDE_RATE",
+        "overrideRateBps": 100,
+        "governingSection1961": "Section 206C(1H) Second Proviso (1% cap)",
+        "governingSection2025": "Section 206C(1H)"
+      }
+    }
+  ],
+  "computation": {
+    "archetype": "EXCESS_OVER_THRESHOLD",
+    "thresholdPaisa": "500000000",
+    "standardRateBps": 10,
+    "baseDetermination": "CUMULATIVE_RECEIPTS_IN_FINANCIAL_YEAR"
+  },
+  "rounding": {
+    "transactionLine": "COMMERCIAL_PAISA",
+    "assessmentTotal": "INCOME_TAX_ACT_1961_SEC288B"
+  }
+}

package/okf/direct_tax/tds_commission_194h/ast.json

@@ -0,0 +1,60 @@
+{
+  "$schema": "https://mudraforge.in/schemas/statutory-ast-v2.1.json",
+  "sectionId": "ITA1961_SEC194H",
+  "version": "2.1.0",
+  "title": "TDS on Commission or Brokerage",
+  "governingStatute": "Income-tax Act, 1961",
+  "statutorySection": "Section 194H",
+  "successorStatute": "Income-tax Act, 2025",
+  "successorSection": "Section 393(1), Table 1, Sl. No. 1(ii)",
+  "successorTableItem": "TABLE_1_SL_NO_1_II_COMMISSION",
+  "transitionalCutoverDate": "2026-04-01",
+  "effectivePeriod": {
+    "validFrom": "2001-06-01",
+    "validTo": null
+  },
+  "triggerPolicy": {
+    "type": "EARLIER_OF",
+    "events": [
+      "BOOK_CREDIT",
+      "PAYMENT_DISBURSEMENT"
+    ],
+    "statutoryBasis": "Section 194H earlier of credit or payment"
+  },
+  "guards": [
+    {
+      "id": "GUARD_MISSING_PAN_206AA",
+      "field": "payee.isPanValid",
+      "operator": "EQ",
+      "value": false,
+      "onMatch": {
+        "action": "OVERRIDE_RATE",
+        "overrideRateBps": 2000,
+        "governingSection1961": "Section 206AA (20% missing PAN)",
+        "governingSection2025": "Section 397(2) (20% missing PAN)"
+      }
+    },
+    {
+      "id": "GUARD_PRE_OCTOBER_2024_5_PERCENT",
+      "field": "isPreOctober2024",
+      "operator": "EQ",
+      "value": true,
+      "onMatch": {
+        "action": "OVERRIDE_RATE",
+        "overrideRateBps": 500,
+        "governingSection1961": "Section 194H prior to Finance (No. 2) Act 2024 (5%)",
+        "governingSection2025": "Section 393(1)"
+      }
+    }
+  ],
+  "computation": {
+    "archetype": "CLIFF_THRESHOLD",
+    "thresholdPaisa": "1500000",
+    "standardRateBps": 200,
+    "baseDetermination": "ANNUAL_AGGREGATE"
+  },
+  "rounding": {
+    "transactionLine": "COMMERCIAL_PAISA",
+    "assessmentTotal": "INCOME_TAX_ACT_1961_SEC288B"
+  }
+}

package/okf/direct_tax/tds_contractor_194c/ast.json

@@ -0,0 +1,71 @@
+{
+  "$schema": "https://mudraforge.in/schemas/statutory-ast-v2.1.json",
+  "sectionId": "ITA1961_SEC194C",
+  "version": "2.1.0",
+  "title": "TDS on Payments to Contractors and Sub-Contractors",
+  "governingStatute": "Income-tax Act, 1961",
+  "statutorySection": "Section 194C",
+  "successorStatute": "Income-tax Act, 2025",
+  "successorSection": "Section 393(1), Table 1, Sl. No. 2",
+  "successorTableItem": "TABLE_1_SL_NO_2_CONTRACTORS",
+  "transitionalCutoverDate": "2026-04-01",
+  "effectivePeriod": {
+    "validFrom": "1972-06-01",
+    "validTo": null
+  },
+  "triggerPolicy": {
+    "type": "EARLIER_OF",
+    "events": [
+      "BOOK_CREDIT",
+      "PAYMENT_DISBURSEMENT"
+    ],
+    "statutoryBasis": "Section 194C(1) earlier of credit or payment"
+  },
+  "guards": [
+    {
+      "id": "GUARD_TRANSPORTER_EXEMPTION",
+      "field": "isTransporterExempt",
+      "operator": "EQ",
+      "value": true,
+      "onMatch": {
+        "action": "HALT_EXEMPT",
+        "disposition": "EXEMPT_TRANSPORTER_SECTION_194C_6",
+        "reason": "Section 194C(6): Goods transport operators owning ten or fewer carriages furnishing PAN declaration are exempt."
+      }
+    },
+    {
+      "id": "GUARD_MISSING_PAN_206AA",
+      "field": "payee.isPanValid",
+      "operator": "EQ",
+      "value": false,
+      "onMatch": {
+        "action": "OVERRIDE_RATE",
+        "overrideRateBps": 2000,
+        "governingSection1961": "Section 206AA (20% missing PAN)",
+        "governingSection2025": "Section 397(2) (20% missing PAN)"
+      }
+    },
+    {
+      "id": "GUARD_INDIVIDUAL_HUF_1_PERCENT",
+      "field": "isIndividualOrHuf",
+      "operator": "EQ",
+      "value": true,
+      "onMatch": {
+        "action": "OVERRIDE_RATE",
+        "overrideRateBps": 100,
+        "governingSection1961": "Section 194C(1)(a) (1% for Individual/HUF)",
+        "governingSection2025": "Section 393(1) Table 1 (1% for Individual/HUF)"
+      }
+    }
+  ],
+  "computation": {
+    "archetype": "CLIFF_THRESHOLD",
+    "thresholdPaisa": "3000000",
+    "standardRateBps": 200,
+    "baseDetermination": "CONTRACT_VALUE_OR_AGGREGATE_ANNUAL"
+  },
+  "rounding": {
+    "transactionLine": "COMMERCIAL_PAISA",
+    "assessmentTotal": "INCOME_TAX_ACT_1961_SEC288B"
+  }
+}

package/okf/direct_tax/tds_ecommerce_194o/ast.json

@@ -0,0 +1,48 @@
+{
+  "$schema": "https://mudraforge.in/schemas/statutory-ast-v2.1.json",
+  "sectionId": "ITA1961_SEC194O",
+  "version": "2.1.0",
+  "title": "TDS on Payments by E-Commerce Operator to E-Commerce Participants",
+  "governingStatute": "Income-tax Act, 1961",
+  "statutorySection": "Section 194O",
+  "successorStatute": "Income-tax Act, 2025",
+  "successorSection": "Section 393(1), Table 1, Sl. No. 15",
+  "successorTableItem": "TABLE_1_SL_NO_15_ECOMMERCE",
+  "transitionalCutoverDate": "2026-04-01",
+  "effectivePeriod": {
+    "validFrom": "2020-10-01",
+    "validTo": null
+  },
+  "triggerPolicy": {
+    "type": "EARLIER_OF",
+    "events": [
+      "BOOK_CREDIT",
+      "PAYMENT_DISBURSEMENT"
+    ],
+    "statutoryBasis": "Section 194O earlier of credit or payment"
+  },
+  "guards": [
+    {
+      "id": "GUARD_MISSING_PAN_5_PERCENT",
+      "field": "payee.isPanValid",
+      "operator": "EQ",
+      "value": false,
+      "onMatch": {
+        "action": "OVERRIDE_RATE",
+        "overrideRateBps": 500,
+        "governingSection1961": "Section 206AA Second Proviso (5% e-commerce cap)",
+        "governingSection2025": "Section 397(2)"
+      }
+    }
+  ],
+  "computation": {
+    "archetype": "FLAT_RATE",
+    "thresholdPaisa": "0",
+    "standardRateBps": 10,
+    "baseDetermination": "GROSS_SALE_CONSIDERATION"
+  },
+  "rounding": {
+    "transactionLine": "COMMERCIAL_PAISA",
+    "assessmentTotal": "INCOME_TAX_ACT_1961_SEC288B"
+  }
+}

package/okf/direct_tax/tds_goods_194q/ast.json

@@ -0,0 +1,71 @@
+{
+  "$schema": "https://mudraforge.in/schemas/statutory-ast-v2.1.json",
+  "sectionId": "ITA1961_SEC194Q",
+  "version": "2.1.0",
+  "title": "Tax Deduction at Source on Purchase of Goods",
+  "governingStatute": "Income-tax Act, 1961",
+  "statutorySection": "Section 194Q",
+  "successorStatute": "Income-tax Act, 2025",
+  "successorSection": "Section 393(1), Table 1, Sl. No. 8(ii)",
+  "successorTableItem": "TABLE_1_SL_NO_8_II_PURCHASE_OF_GOODS",
+  "transitionalCutoverDate": "2026-04-01",
+  "effectivePeriod": {
+    "validFrom": "2021-07-01",
+    "validTo": null
+  },
+  "triggerPolicy": {
+    "type": "EARLIER_OF",
+    "events": [
+      "BOOK_CREDIT",
+      "PAYMENT_DISBURSEMENT"
+    ],
+    "statutoryBasis": "Section 194Q(1) earlier of credit or payment"
+  },
+  "guards": [
+    {
+      "id": "GUARD_FOREIGN_IMPORT",
+      "field": "isImportOfGoods",
+      "operator": "EQ",
+      "value": true,
+      "onMatch": {
+        "action": "HALT_EXEMPT",
+        "disposition": "EXEMPT_IMPORT_OF_GOODS_FOREIGN_VENDOR",
+        "reason": "CBDT Circular 13/2021 Question 3: Section 194Q does not apply to import of goods from non-residents."
+      }
+    },
+    {
+      "id": "GUARD_NON_RESIDENT_SELLER",
+      "field": "payee.isResident",
+      "operator": "EQ",
+      "value": false,
+      "onMatch": {
+        "action": "HALT_EXEMPT",
+        "disposition": "EXEMPT_IMPORT_OF_GOODS_FOREIGN_VENDOR",
+        "reason": "Non-resident seller without PE in India is exempt from 194Q."
+      }
+    },
+    {
+      "id": "GUARD_MISSING_OR_INOPERATIVE_PAN",
+      "field": "payee.isPanValid",
+      "operator": "EQ",
+      "value": false,
+      "onMatch": {
+        "action": "OVERRIDE_RATE",
+        "overrideRateBps": 500,
+        "governingSection1961": "Section 206AA(1) First Proviso (5% statutory cap for goods)",
+        "governingSection2025": "Section 397(2)(b)(i)(C) (5% statutory cap for goods)"
+      }
+    }
+  ],
+  "computation": {
+    "archetype": "EXCESS_OVER_THRESHOLD",
+    "thresholdPaisa": "500000000",
+    "standardRateBps": 10,
+    "baseDetermination": "CUMULATIVE_TURNOVER_IN_FINANCIAL_YEAR",
+    "notes": "Tax applies strictly to the incremental excess over 50 Lakhs."
+  },
+  "rounding": {
+    "transactionLine": "COMMERCIAL_PAISA",
+    "assessmentTotal": "INCOME_TAX_ACT_1961_SEC288B"
+  }
+}

package/okf/direct_tax/tds_goods_393/ast.json

@@ -0,0 +1,59 @@
+{
+  "$schema": "https://mudraforge.in/schemas/statutory-ast-v2.1.json",
+  "sectionId": "ITA2025_SEC393",
+  "version": "2.1.0",
+  "title": "Tax Deduction at Source on Payment for Purchase of Goods (2025 Act)",
+  "governingStatute": "Income-tax Act, 2025",
+  "statutorySection": "Section 393(1), Table 1, Sl. No. 8(ii)",
+  "successorStatute": "Income-tax Act, 2025",
+  "successorSection": "Section 393(1), Table 1, Sl. No. 8(ii)",
+  "successorTableItem": "TABLE_1_SL_NO_8_II_PURCHASE_OF_GOODS",
+  "transitionalCutoverDate": "2026-04-01",
+  "effectivePeriod": {
+    "validFrom": "2026-04-01",
+    "validTo": null
+  },
+  "triggerPolicy": {
+    "type": "EARLIER_OF",
+    "events": [
+      "BOOK_CREDIT",
+      "PAYMENT_DISBURSEMENT"
+    ],
+    "statutoryBasis": "Section 393(1) earlier of credit or payment"
+  },
+  "guards": [
+    {
+      "id": "GUARD_FOREIGN_IMPORT",
+      "field": "isImportOfGoods",
+      "operator": "EQ",
+      "value": true,
+      "onMatch": {
+        "action": "HALT_EXEMPT",
+        "disposition": "EXEMPT_IMPORT_OF_GOODS_FOREIGN_VENDOR",
+        "reason": "Section 393 does not apply to import of goods from non-residents."
+      }
+    },
+    {
+      "id": "GUARD_MISSING_OR_INOPERATIVE_PAN",
+      "field": "payee.isPanValid",
+      "operator": "EQ",
+      "value": false,
+      "onMatch": {
+        "action": "OVERRIDE_RATE",
+        "overrideRateBps": 500,
+        "governingSection1961": "Section 206AA(1) First Proviso",
+        "governingSection2025": "Section 397(2)(b)(i)(C)"
+      }
+    }
+  ],
+  "computation": {
+    "archetype": "EXCESS_OVER_THRESHOLD",
+    "thresholdPaisa": "500000000",
+    "standardRateBps": 10,
+    "baseDetermination": "CUMULATIVE_TURNOVER_IN_FINANCIAL_YEAR"
+  },
+  "rounding": {
+    "transactionLine": "COMMERCIAL_PAISA",
+    "assessmentTotal": "INCOME_TAX_ACT_2025_SEC516"
+  }
+}

package/okf/direct_tax/tds_individual_contract_194m/ast.json

@@ -0,0 +1,59 @@
+{
+  "$schema": "https://mudraforge.in/schemas/statutory-ast-v2.1.json",
+  "sectionId": "ITA1961_SEC194M",
+  "version": "2.1.0",
+  "title": "TDS on Payment to Contractors/Professionals by Certain Individuals or HUF",
+  "governingStatute": "Income-tax Act, 1961",
+  "statutorySection": "Section 194M",
+  "successorStatute": "Income-tax Act, 2025",
+  "successorSection": "Section 393(1), Table 1, Sl. No. 14",
+  "successorTableItem": "TABLE_1_SL_NO_14_INDIVIDUAL_CONTRACTOR",
+  "transitionalCutoverDate": "2026-04-01",
+  "effectivePeriod": {
+    "validFrom": "2019-09-01",
+    "validTo": null
+  },
+  "triggerPolicy": {
+    "type": "EARLIER_OF",
+    "events": [
+      "BOOK_CREDIT",
+      "PAYMENT_DISBURSEMENT"
+    ],
+    "statutoryBasis": "Section 194M earlier of credit or payment"
+  },
+  "guards": [
+    {
+      "id": "GUARD_COVERED_BY_194C_H_J",
+      "field": "isPayerCoveredBy194C_H_J",
+      "operator": "EQ",
+      "value": true,
+      "onMatch": {
+        "action": "HALT_EXEMPT",
+        "disposition": "EXEMPT_GOVERNED_BY_SECTIONS_194C_194H_194J",
+        "reason": "Payers required to deduct under 194C, 194H, or 194J are exempt from 194M."
+      }
+    },
+    {
+      "id": "GUARD_MISSING_PAN_206AA",
+      "field": "payee.isPanValid",
+      "operator": "EQ",
+      "value": false,
+      "onMatch": {
+        "action": "OVERRIDE_RATE",
+        "overrideRateBps": 2000,
+        "governingSection1961": "Section 206AA (20% missing PAN)",
+        "governingSection2025": "Section 397(2)"
+      }
+    }
+  ],
+  "computation": {
+    "archetype": "CLIFF_THRESHOLD",
+    "thresholdPaisa": "500000000",
+    "standardRateBps": 200,
+    "baseDetermination": "ANNUAL_AGGREGATE"
+  },
+  "rounding": {
+    "transactionLine": "COMMERCIAL_PAISA",
+    "assessmentTotal": "INCOME_TAX_ACT_1961_SEC288B"
+  }
+}