Section 193 - TDS on Interest on securities

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....the amount of interest paid/payable. Rate of TDS - 10% Threshold Limit [ w.e.f. 01.04.2025 ] * the amount or the aggregate of amounts exceeding ten thousand rupees during the financial year. [ Inserted vide Finance Act, 2025 ] Time of deduction * The tax is to be deducted either at the time of payment in cash or issue of cheque or any other mode, or at the time of credit of intere....

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.... * (a)  the amount of interest or, as the case may be, the aggregate amount of such interest paid or likely to be paid on such debenture during the financial year by the company to such individual or Hindu undivided family does not exceed [five thousand rupees w.e.f. 01.04.2025 Ten Thousand rupees (substituted vide Finance Act, 2025) ] ; and * (b) such interest....

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....nterest payable on any security of the Central Government or a State Government. * However tax shall be deductible at source in case of 8% Saving (Taxable) Bonds, 2003 or 7.75% Savings (Taxable) Bonds, 2018 during the financial year, provided the interest on such bonds exceed Rs. 10,000/- during the financial year. [substituted vide Finance (No. 2) Act, 2024 w.e.f 01.10.2024 However ta....