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    <description>Section 196 exempts the Government, the Reserve Bank of India, corporations established by or under a Central Act that are exempt from income-tax, and Mutual Funds specified under clause (23D) of section 10 from deduction of tax at source on sums payable to them by way of interest, dividend on securities or shares held with full beneficial interest, or any other income accruing or arising to them.</description>
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