Payments on account of repurchase of units by Mutual Fund or Unit Trust of India.

 ^1. 194F. 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.

1. Omitted by the Finance Bill 2024 dated  07.08.2024 w.e.f 01.10.2024