CBDT Circular on Section 194BB Of The Income-Tax Act, 1961 – Deduction Of Tax At Source – Winning From, Horse Races – Instructions For Deduction Of Tax At Source From Winnings From Horse Races During Financial Year 1985-86 At The Rates Specified In Part Ii Of The First Schedule To Finance Act, 1985

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SECTION 194BB OF THE INCOME-TAX ACT, 1961 – DEDUCTION OF TAX AT SOURCE – WINNING FROM, HORSE RACES – INSTRUCTIONS FOR DEDUCTION OF TAX AT SOURCE FROM WINNINGS FROM HORSE RACES DURING FINANCIAL YEAR 1985-86 AT THE RATES SPECIFIED IN PART II OF THE FIRST SCHEDULE TO FINANCE ACT, 1985 CIRCULAR : NO. 425 [F….

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