Circular on Tax Deduction for Interest on Govt Securities FY 1983-84 per Sections 193 and 197(1)/(2) IT Act 1961.
The circular issued by an Officer on Special Duty addresses the deduction of tax at source for interest on government securities for the financial year 1983-84, as per Section 193 read with Section 197(1)/(2) of the Income-tax Act, 1961. It references a previous circular from August 1982 and notes changes in tax rates introduced by the Finance Act, 1983. It instructs all relevant accountants general and comptrollers to disseminate these updated tax deduction rates to Treasury and Sub-Treasury Officers to ensure compliance with the Act's provisions.
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