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Interest or dividend or other sums payable to Government, Reserve Bank or certain corporations

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Full Text of the Document

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....ther sums payable to Government, Reserve Bank or certain corporations. 196. Notwithstanding anything contained in the foregoing provisions of this Chapter, no deduction of tax shall be made by any pe....

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....ties or shares owned by it or in which it has full beneficial interest, or any other income accruing or arising to it.] -------------------- Notes :- 1. Substituted by the Direct Tax Laws (Amendmen....