Section – 197A : No deduction to be made in certain cases
March 6, 2018
Section – 199 : Credit for tax deducted
March 6, 2018

Section – 198 : Tax deducted is income received

198. All sums deducted in accordance with the foregoing provisions of this Chapter shall, for the purpose of computing the income of an assessee, be deemed to be income received :

Provided that the sum being the tax paid, under sub-section (1A) of section 192 for the purpose of computing the income of an assessee, shall not be deemed to be income received.

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