Income-tax Act,1961 |
Act No : 43 of 1961 |
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Contents of Act: |
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SECTION( CHAP ) COLLECTION AND RECOVERY OF TAX | |
SECTION( 190. ) Deduction at source and advance payment 1. | |
SECTION( 191. ) Direct payment 3. 191. Direct payment 3 4[* * *] In the case of income in respect of which provision is not made under this Chapter for deducting income-tax at the time of payment, and | |
SECTION( 192. ) | |
SECTION( 193. ) Interest on securities 2. | |
SECTION( 194. ) Dividends 5. (plus surcharge, referred in para 3). It is clarified in this regard that where any such income e.g. commission, remuneration, etc., is credited to any account, whether called "Suspense Account" or by any other name, in the books of | |
SECTION( 195. ) Other sums 1. | |
SECTION( 196. ) Interest or dividend or other sims payable to Government, Reserve Bank or certain corporations. | |
SECTION( 197. ) Certificate for deduction at lower rate 1. | |
SECTION( 198. ) Tax deducted is income received |