Section 194F- TDS on Repurchase of Units by Mutual Fund or Unit Trust of India (UTI)

  1. Deductor- The person(Individual/HUF) making investments in Equity Linked Savings Scheme shall make deduction as per Sec 80CCB.
  2. Deductee- UTI or respective Mutual Fund
  3. Time of Deduction- At the time of payment.
  4. Rate of TDS- 20%
∼Authored by – CA Anushka Saraogi

Section 194E- TDS on Payments to Non-Resident Sportsmen or Sports Association

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