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Posts tagged "section 196"

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Tag: section 196

TDS

No TDS on interest payment to APMC, Local authorities & other organization whose income is exempt from Income Tax: CBDT

August 12, 2020 0 Comments
No TDS on interest payment to APMC, Local authorities & other organization whose income is exempt from Income Tax: CBDT As per Section 196 of Income tax act, 1961, no deduction of tax shall be made by any person from any sums ...
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