Deduction of tax at source--Section 193 read with section 197(1)/(2) of the Income-tax Act, 1961—Interest on Government Securities--Rates of tax applicable during the year 1983-84
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Tax deduction at source on interest payments requires withholding at revised rates including surcharge following statutory amendment. Withholding of tax and applicable surcharge on interest on Government securities must be made at the revised rates prescribed by the Finance Act, 1983 for the relevant financial year; Accountants General and Comptrollers are to issue the enclosed draft circular to all Treasury and Sub Treasury Officers to ensure strict compliance with the statutory withholding framework and any provisions for certifying lower deduction.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax deduction at source on interest payments requires withholding at revised rates including surcharge following statutory amendment.
Withholding of tax and applicable surcharge on interest on Government securities must be made at the revised rates prescribed by the Finance Act, 1983 for the relevant financial year; Accountants General and Comptrollers are to issue the enclosed draft circular to all Treasury and Sub Treasury Officers to ensure strict compliance with the statutory withholding framework and any provisions for certifying lower deduction.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
