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 payment. Rate of TDS- 20% ∼Authored by – CA Anushka Saraogi∼ Section 194EE- TDS on Payments in respect of Deposit under NSS
Tag: Repurchase of Units by Mutual Fund
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 payment. Rate of TDS- 20% ∼Authored by – CA Anushka Saraogi∼ Section 194E- TDS on Payments to Non-Resident Sportsmen or Sports Association