https://www.taxtmi.com/circulars?id=9966 Tax credit may be allowed to banks on the basis of TDS certificates issued in old forms for interest on securities, provided the assessee furnishes an indemnity bond under rule 31(5) and the Assessing Officer verifies the genuineness of the certificates; no interest under section 244A will be payable. This facility is extended to private, foreign and other banks on the same conditions, while Chief Commissioners may decide acceptance for other government bodies based on Form No.16 availability. en-us Tue, 28 Jan 1992 00:00:00 +0530 Thu, 09 Jun 2011 18:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9966 Tax credit may be allowed to banks on the basis of TDS certificates issued in old forms for interest on securities, provided the assessee furnishes an indemnity bond under rule 31(5) and the Assessing Officer verifies the genuineness of the certificates; no interest under section 244A will be payable. This facility is extended to private, foreign and other banks on the same conditions, while Chief Commissioners may decide acceptance for other government bodies based on Form No.16 availability. Circulars Income Tax Tue, 28 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9966