CBDT Circular on Section 193 Of The Income-Tax Act, 1961 – Deduction Of Tax At Source – Interest On Securities – Income Tax Act, 1961 – Sec. 193 Read With Section 197(1)/(2)- Interest On Government Securities – Rates Of Tax Applicable During The Year 1970-71 As Proposed In The Finance Bill, 1970

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SECTION 193 OF THE INCOME-TAX ACT, 1961 – DEDUCTION OF TAX AT SOURCE – INTEREST ON SECURITIES – INCOME TAX ACT, 1961 – SEC. 193 READ WITH SECTION 197(1)/(2)- INTEREST ON GOVERNMENT SECURITIES – RATES OF TAX APPLICABLE DURING THE YEAR 1970-71 AS PROPOSED IN THE FINANCE BILL, 1970 CIRCULAR NO. 38, DATED 7-4-1970 I have…

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