https://www.taxtmi.com/circulars?id=5032 Deduction of income-tax at source from interest on securities for 1991-92 requires tax to be deducted at the earlier of credit to the payee's account (including credit to suspense accounts) or payment, at specified rates and surcharges for residents, non-residents and companies. Identified exemptions include prescribed declarations by resident individuals, exemption or abatement certificates issued by Assessing Officers, and notified exempt securities or exempt corporations. Deductors must deposit tax within prescribed times, issue TDS certificates, quote TAN, file an annual TDS return with copies of certificates, and face penalties, interest and possible prosecution for noncompliance. en-us Fri, 22 Nov 1991 00:00:00 +0530 Mon, 11 Aug 2008 13:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5032 Deduction of income-tax at source from interest on securities for 1991-92 requires tax to be deducted at the earlier of credit to the payee's account (including credit to suspense accounts) or payment, at specified rates and surcharges for residents, non-residents and companies. Identified exemptions include prescribed declarations by resident individuals, exemption or abatement certificates issued by Assessing Officers, and notified exempt securities or exempt corporations. Deductors must deposit tax within prescribed times, issue TDS certificates, quote TAN, file an annual TDS return with copies of certificates, and face penalties, interest and possible prosecution for noncompliance. Circulars Income Tax Fri, 22 Nov 1991 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5032