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Section 3 of 1976 Act Confirms NOIDA Authority's Status; No TDS on Interest per Section 194A of Income Tax Act.
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....TDS u/s 194A - NOIDA - composition of the Authority is statutorily provided by Section 3 of 1976 Act itself, hence, there is no denying that Authority has been constituted by Act itself - NOIDA is a Corporation - No TDS liability on interest paid to NOIDA.....
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TaxTMI