TDS U/s. 194A not applicable on amount credited/Paid to MUDRA

MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF DIRECT TAXES)
NEW DELHI
INCOME-TAX

Notification No. 65/2016, Dated: August 5, 2016

S.O. 2616(E). – In exercise of the powers conferred by sub-clause (f) of clause (iii) of sub-section (3) of section 194A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Micro Units Development & Refinance Agency Limited (MUDRA) for the purposes of sub-section (3) of said section.

2. This notification shall come into force from the date of its publication in the Official Gazette.

[F.No.275/28/2015-IT(B)]

(Sandeep Singh)
Under Secy.