https://www.taxtmi.com/acts?id=3529 Section 18 of the Income tax Act, 1961, which set out the chargeability of interest on securities (including interest on government securities, debentures and similar instruments) has been omitted; the notes record its insertion by an earlier Finance Act, subsequent amendments that modified its scope and exceptions, and its ultimate removal, leaving the prior charging formula and transitional references as the legislative history of how such interest was treated. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 27 Aug 2025 12:23:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3529 Section 18 of the Income tax Act, 1961, which set out the chargeability of interest on securities (including interest on government securities, debentures and similar instruments) has been omitted; the notes record its insertion by an earlier Finance Act, subsequent amendments that modified its scope and exceptions, and its ultimate removal, leaving the prior charging formula and transitional references as the legislative history of how such interest was treated. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3529