Section 393(4); Table [For No Deduction at Source] - Interest Income

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....for No Deduction 6 Interest on securities referred to in Section 393(1) [Table: Sl. No. 5(i)] No tax shall be deducted on the categories of interest specified in clauses (a) and (b) of this serial number. Effect of the provision Although interest on securities is ordinarily subject to TDS under Section 393(1), Table: Sl. No. 5(i), no tax is required to be deducted where the....