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The Central Government, exercising powers under sub-section (12) of section 206C of the Income-tax Act, 1961, has specified that no tax collection shall be made under sub-section (1F) of section 206C on any payment received from the Reserve Bank of India. This notification comes into force on the date of its publication in the Official Gazette.
The Central Government, exercising powers under sub-section (12) of section 206C of the Income-tax Act, 1961, has specified that no tax collection shall be made under sub-section (1F) of section 206C on any payment received from the Reserve Bank of India. This notification comes into force on the date of its publication in the Official Gazette.
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