CBDT Circular on Section 193 Of The Income-Tax Act, 1961 – Deduction Of Tax At Source – Interest On Securities – Procedure For Deduction Of Tax At Source From Dividends On Shares Registered In The Name Of A Bank On Behalf Of Its Constituents

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SECTION 193 OF THE INCOME-TAX ACT, 1961 – DEDUCTION OF TAX AT SOURCE – INTEREST ON SECURITIES – PROCEDURE FOR DEDUCTION OF TAX AT SOURCE FROM DIVIDENDS ON SHARES REGISTERED IN THE NAME OF A BANK ON BEHALF OF ITS CONSTITUENTS CIRCULAR : NO. 14(LXXVI-31) [F. NO. 1 (25)-59 TPL], DATED 4-7-1959 1. In accordance with the…

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