Income in respect of units of investment fund

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....ment fund specified in clause (a) of the Explanation 1 to section 115UB, the person responsible for making the payment shall, at the time of credit of such income to the account of payee or at the time of payment thereof in cash or by issue of a cheque or draft or by any other mode, whichever is earlier, 2[deduct income-tax thereon,- (i) at the rate of ten per cent., where the payee is a residen....