Corrigendum to Circular No. 368* - Income Tax - 368/1983

Corrigendum to Circular No. 368* Circular No. 368 Dated 19/11/1983 Subject : Deduction of tax at source--Section 193 read with section 197(1)/(2) of the Income-tax Act, 1961—Interest on Government securities--Rates of tax applicable during the year 1983-84. Item I(ii)(1)(B) in paragraph 2 in the copy of draft circular enclosed with this Board's Circular No. 368 (of even number) dated the 16th September, 1983, may please be substituted as under:- Rate of Income-tax Rate of Surcharge "(B) on income by way of interest payable on a taxfree security 15 per cent. 1.875 per cent;" (Sd.) B. Nagarajan, Officer on Special Duty Central Board of Direct Taxes.