1) Who is responsible to deduct tax u/s 194F?
The person responsible for paying to any person any amount referred to in section 80CCB.
2) When to Deduct TDS under Section 194F?
Tax is deductible at the time of payment.
3) Rate of TDS under Section 194F
Extract of Section 194F of Income Tax Act, 1961
194F. The 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.