https://www.taxtmi.com/circulars?id=4570 Payers (other than individuals and HUFs) must deduct tax at source on interest other than interest on securities for the 1975-76 financial year once interest credited or paid to a resident in the year exceeds the prescribed threshold; payers may increase or reduce deductions to adjust prior excesses or deficiencies. Separate withholding rates and surcharge percentages apply under the Finance Act, 1975 for persons other than companies, domestic and non domestic companies, and higher prescribed rates apply for payments to non residents under section 195. en-us Mon, 09 Jun 1975 00:00:00 +0530 Wed, 30 Jul 2008 16:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4570 Payers (other than individuals and HUFs) must deduct tax at source on interest other than interest on securities for the 1975-76 financial year once interest credited or paid to a resident in the year exceeds the prescribed threshold; payers may increase or reduce deductions to adjust prior excesses or deficiencies. Separate withholding rates and surcharge percentages apply under the Finance Act, 1975 for persons other than companies, domestic and non domestic companies, and higher prescribed rates apply for payments to non residents under section 195. Circulars Income Tax Mon, 09 Jun 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4570