786/CBDT.

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..... para 2.381 of their 51st Report about Income tax Department's omission to deduct tax from payments of interest paid by them to assessees was under consideration. 3. The Board desire that pending further consideration of the observation of the Public Accounts Committee referred to above, the ITOs should, in compliance with the provisions of section 194-A, as it stands, deduct tax at source on int .....

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