https://www.taxtmi.com/acts?id=9565 Where income payable to a resident in respect of units of a specified mutual fund or the Unit Trust of India is credited or paid, the payer must deduct income-tax at the time of credit or payment, subject to a limited exemption where the aggregate income credited or paid by that payer in the year does not exceed a prescribed threshold; the threshold is computed per branch and per scheme, and credits to suspense accounts are deemed credit to the payee for deduction purposes. en-us Tue, 21 Oct 2008 14:00:31 +0530 Tue, 21 Oct 2008 14:00:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9565 Where income payable to a resident in respect of units of a specified mutual fund or the Unit Trust of India is credited or paid, the payer must deduct income-tax at the time of credit or payment, subject to a limited exemption where the aggregate income credited or paid by that payer in the year does not exceed a prescribed threshold; the threshold is computed per branch and per scheme, and credits to suspense accounts are deemed credit to the payee for deduction purposes. Act-Rules F. Acts / Amendment Acts Tue, 21 Oct 2008 14:00:31 +0530 https://www.taxtmi.com/acts?id=9565