Tax deducted is income received

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... shall, for the purpose of computing the income of an assessee, be deemed to be income received : ^2[Provided that the sum being the tax paid, under sub-section (1A) of section 192 for the purpose of computing the income of an assessee, shall not be deemed to be income received.] ^3[Provided further that the sum deducted in accordance with the provisions of section 194N for the purpose of co....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....1973 w.e.f. 01-04-1973 And was Amended vide Section 32 of the Finance Act, 1978 w.e.f. 01-04-1978 And was Amended vide Section 24 of the Direct Tax Laws (Second Amendment) Act, 1989 w.e.f. 01-11-1989 And was Amended vide Section 60 of the Finance (No. 2) Act, 1991 w.e.f. 01-10-1991 And was Amended vide Section 78 of the Finance Act, 1992 w.e.f. 01-06-1992 An....