CBDT Circular on Procedure for deduction of tax at source from interest on securities registered in the name of bank on behalf of its constituents

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Procedure for deduction of tax at source from interest on securities registered in the name of bank on behalf of its constituents Reference is invited to the Board’s Circular No.13(LXXVI-30), dated 4-7-1959 [Clarification 2] regarding the procedure for deduction of tax at source from interest on Government securities registered in the name of a bank…

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