https://www.taxtmi.com/acts?id=39420 The amendment inserts infrastructure debt fund into clause (x) of sub section (3) so that the non application of the withholding rule for interest other than interest on securities covers income relating to zero coupon bonds issued by an infrastructure debt fund, thereby excluding that income from deduction of tax at source under the relevant interest withholding provision; the amendment takes effect from the start of the fiscal year beginning on the first day of April 2021. en-us Mon, 01 Feb 2021 19:59:01 +0530 Mon, 01 Feb 2021 19:59:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39420 The amendment inserts infrastructure debt fund into clause (x) of sub section (3) so that the non application of the withholding rule for interest other than interest on securities covers income relating to zero coupon bonds issued by an infrastructure debt fund, thereby excluding that income from deduction of tax at source under the relevant interest withholding provision; the amendment takes effect from the start of the fiscal year beginning on the first day of April 2021. Act-Rules Bills Mon, 01 Feb 2021 19:59:01 +0530 https://www.taxtmi.com/acts?id=39420