Amendment status not verified — confirm the current text below against the official source.
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. See rules 30, 31, 31A and 37BA and Form Nos. 16A, 24G, 26B, 26Q and 27A.