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of <h1>Ramakrishna Math and Mission in Kolkata Exempt from Tax Deduction at Source u/s 10(23C)(iv) of IT Act.</h1> Ramakrishna Math and Ramakrishna Mission in Kolkata are exempt from income tax deduction at source on their payments, as their income is exempt under section 10(23C)(iv) of the Income-tax Act, 1961. According to Circular No. 11/2002, dated November 22, 2002, the Central Board of Direct Taxes (CBDT) confirms that interest on securities, including those from Central and State Governments, can be paid to these entities without tax deduction at source. This clarification extends the provisions of Circular No. 3/2002, ensuring that these entities continue to receive income without tax deductions.
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