Section 194F- TDS on Repurchase of Units by Mutual Fund or Unit Trust of India (UTI)

1. Deductor- The person(Individual/HUF) making investments in Equity Linked Savings Scheme shall make deduction as per Sec 80CCB.
2. Deductee- UTI or respective Mutual Fund
3. Time of Deduction- At the time of payment.
4. Rate of TDS- 20%

∼Authored by – CA Anushka Saraogi∼

Section 194E- TDS on Payments to Non-Resident Sportsmen or Sports Association