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Section 194F – Income Tax Act, 1961

Income Tax Act, 1961

 

 

Section 194F. PAYMENTS ON ACCOUNT OF REPURCHASE OF UNITS BY MUTUAL FUND OR UNIT TRUST OF INDIA.

 

The person responsible for paying to any person any amount referred to in sub-section (2) of section 80CCB shall, at the time of payment thereof, deduct income-tax thereon at the rate of twenty per cent.

 

 

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Income Tax Act, 1961 

 

Indian Laws – Bare Acts

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