TDS on interest: National Skill Development Fund notified for application of exemption under section 194A sub-clause (f). A central government notification designates the National Skill Development Fund (PAN AABTN5824G) for the purposes of sub-clause (f) of clause (iii) of sub-section (3) of section 194A of the Income-tax Act, 1961, thereby clarifying the Fund's status with respect to deduction of tax at source on interest other than interest on securities.
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TDS on interest: National Skill Development Fund notified for application of exemption under section 194A sub-clause (f).
A central government notification designates the National Skill Development Fund (PAN AABTN5824G) for the purposes of sub-clause (f) of clause (iii) of sub-section (3) of section 194A of the Income-tax Act, 1961, thereby clarifying the Fund's status with respect to deduction of tax at source on interest other than interest on securities.
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