https://www.taxtmi.com/acts?id=50700 Section 196 is substituted to prohibit tax deduction at source on payments of interest, dividend or other income payable to the Government, the Reserve Bank, Central Act corporations exempt from income-tax, and Mutual Funds specified under section 10(23D). Section 196A bars public sector banks and public financial institutions from deducting tax from sums payable to unit-holders of such specified Mutual Funds. en-us Mon, 14 Apr 2025 18:07:03 +0530 Mon, 14 Apr 2025 18:07:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50700 Section 196 is substituted to prohibit tax deduction at source on payments of interest, dividend or other income payable to the Government, the Reserve Bank, Central Act corporations exempt from income-tax, and Mutual Funds specified under section 10(23D). Section 196A bars public sector banks and public financial institutions from deducting tax from sums payable to unit-holders of such specified Mutual Funds. Act-Rules F. Acts / Amendment Acts Mon, 14 Apr 2025 18:07:03 +0530 https://www.taxtmi.com/acts?id=50700