194F Income Tax Act - Payments on account of repurchase of units by Mutual Fund or Unit Trust of India

Section 194f of Income Tax Act 1961 - Payments on account of repurchase of units by Mutual Fund or Unit Trust of India

1The 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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1. Ins. by Act 12 of 1990, s. 40 (w.e.f. 1-4-1991).

Income Tax Act 1961

Section 194DA Payment in respect of life insurance policy

Section 194E Payments to non-resident sportsmen or sports associations

Section 194EE Payments in respect of deposits under National Savings Scheme, etc

Section 194F Payments on account of repurchase of units by Mutual Fund or Unit Trust of India

Section 194G Commission, etc., on the sale of lottery tickets

Section 194H Commission or brokerage

Section 194I Rent

Section 194IA Payment on transfer of certain immovable property other than agricultural land

Section 194IB Payment of rent by certain individuals or Hindu undivided family

Section 194IC Payment under specified agreement