https://www.taxtmi.com/circulars?id=4891 Deduction of tax at source from interest on Government securities for 1987-88 remains at the same withholding rates; Treasury and Sub Treasury Officers must deduct income tax at source accordingly. The Finance Act, 1987 introduces a requirement to obtain and quote a tax deduction account number under Section 203A, prescribes quoting it in challans, certificates and returns, and provides for a penalty for non compliance; the Act also substitutes the provision on annual returns by deductors, with separate circulars to follow prescribing application timelines and filing authorities. en-us Mon, 01 Jun 1987 00:00:00 +0530 Mon, 04 Aug 2008 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4891 Deduction of tax at source from interest on Government securities for 1987-88 remains at the same withholding rates; Treasury and Sub Treasury Officers must deduct income tax at source accordingly. The Finance Act, 1987 introduces a requirement to obtain and quote a tax deduction account number under Section 203A, prescribes quoting it in challans, certificates and returns, and provides for a penalty for non compliance; the Act also substitutes the provision on annual returns by deductors, with separate circulars to follow prescribing application timelines and filing authorities. Circulars Income Tax Mon, 01 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4891