TMI BlogInsertion of New Section 86AX X X X Extracts X X X X X X X X Extracts X X X X ..... n 86, the following section shall be inserted, namely : "86A. Deduction from tax on certain securities. Where there is included in the total income of an assessee (i) the interest due on any ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on the amount to included at the average rate of income tax or at the rate of twenty five per cent., whichever is less.".
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