https://www.taxtmi.com/acts?id=53188 Section 393 is amended to correct a cross reference, exempt interest paid or credited to co operative societies engaged in banking from tax deduction at source, and to exempt interest on compensation awarded by Motor Accidents Claims Tribunals when paid to individuals (with a continuing monetary threshold for non individuals). A new provision allows a depository to accept electronic declarations for units, interest on securities or dividends held with the depository and listed on a recognised stock exchange, and requires the payer to deliver such declarations to the income tax authority within a specified quarterly timeline. en-us Sun, 01 Feb 2026 15:27:07 +0530 Sun, 01 Feb 2026 15:27:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53188 Section 393 is amended to correct a cross reference, exempt interest paid or credited to co operative societies engaged in banking from tax deduction at source, and to exempt interest on compensation awarded by Motor Accidents Claims Tribunals when paid to individuals (with a continuing monetary threshold for non individuals). A new provision allows a depository to accept electronic declarations for units, interest on securities or dividends held with the depository and listed on a recognised stock exchange, and requires the payer to deliver such declarations to the income tax authority within a specified quarterly timeline. Act-Rules Bills Sun, 01 Feb 2026 15:27:07 +0530 https://www.taxtmi.com/acts?id=53188