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of <h1>No Changes in Tax Deduction Rates for Government Securities Interest in FY 1982-83, Confirms CBDT Circular.</h1> The circular from the Central Board of Direct Taxes addresses the deduction of tax at source for interest on government securities under Section 193, read with Section 197(1)/(2) of the Income-tax Act, 1961, for the financial year 1982-83. It confirms that there are no changes in the tax deduction rates from the previous year as per the Finance Act, 1982, except for specific changes in Sub-Paragraph I of Paragraph A of Part III of the First Schedule. Treasury Officers and Sub-Treasury Officers are instructed to continue deductions at the specified rates, with adjustments as necessary according to the annexed schedule.
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