Substitution of new sections for section 196

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Full Text of the Document

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....t or dividend or other sums payable to Government, Reserve Bank or certain corporations. Notwithstanding anything contained in the foregoing provisions of this Chapter, no deduction of tax shall be made by any person from any sums payable to - (i) the Government, or (ii) the Reserve Bank of India, or (iii) a corporation established by or under a Central Act whic....