Monthly Archives: March 2022

Section 194LBB – Income in respect of units of the Investment Fund

Section 194LBB of the Income Tax Act, 1961 has been inserted with effect from 1st June 2015 on TDS deduction on Income from Investment Funds. Time of Deduction: Deduction shall be… Read more »

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

Deductor- The person(Individual/HUF) making investments in Equity Linked Savings Scheme shall make deduction as per Sec 80CCB. Deductee- UTI or respective Mutual Fund Time of Deduction- At the time of… Read more »