Section 194FCentral Act
Section 194F: [ Payments on account of repurchase of units by Mutual Fund or Unit Trust of India. [ Inserted by Act 12 of 1990, Section 40 (w.e.f. 1.4.1991).]
[ Payments on account of repurchase of units by Mutual Fund or Unit Trust of India. [ Inserted by Act 12 of 1990, Section 40 (w.e.f. 1.4.1991).]
- The person responsible for paying to any person any amount referred to in sub-section (2) of section 80-CCB shall, at the time of payment thereof, deduct income-tax thereon at the rate of twenty per cent. ]Previous
Sec 194EE — [ Payments in respect of deposits under National Savings Scheme, etc. [ Inserted by Act 49 of 1991, Section 54 (w.e.f. 1.10.1991).]
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Sec 194G — [ Commission, etc., on the sale of lottery tickets. [Inserted by Act 49 of 1991, Section 55 (w.e.f. 1.10.1991).]
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