https://www.taxtmi.com/acts?id=11857 Sums deducted under this Chapter are deemed income of the deductee; deductions paid to the Central Government are treated as payment of tax on behalf of the person for whom the deduction was made. The Board may prescribe the procedure for giving credit to the deductee or other person, the financial year for which credit may be allowed, and any other connected matters. en-us Fri, 17 Sep 2010 11:22:16 +0530 Fri, 17 Sep 2010 11:22:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11857 Sums deducted under this Chapter are deemed income of the deductee; deductions paid to the Central Government are treated as payment of tax on behalf of the person for whom the deduction was made. The Board may prescribe the procedure for giving credit to the deductee or other person, the financial year for which credit may be allowed, and any other connected matters. Act-Rules Bills Fri, 17 Sep 2010 11:22:16 +0530 https://www.taxtmi.com/acts?id=11857