Section 393(4); Table [For No Deduction at Source] - Income of Specified Fund from Securities

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....dy Reckoner<br>Income Tax<br>Section 393(4); Table SI No. [17] : Income of Foreign Institutional Investors from securities Exemption provided under Section 196D of the Income-tax Act, 1961. S....

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....uired to be deducted where the income itself is exempt under Schedule VI. Condition for non-deduction The exemption is available only where- • the payment is income from securitie....