18 December 2015
Section 194A: Income by way of interest other than "Interest on securities @10% if Amount of interest exceeds Rs.100/- p.a
Section 193: Interest on securities @ 10%
a) any debentures or securities for money issued by or on behalf of any local authority or a corporation established by a Central, State or Provincial Act; 10 b) any debentures issued by a company where such debentures are listed on a recognised stock exchange in accordance with the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and any rules made thereunder; 10 c) any security of the Central or State Government; 10 d) interest on any other security
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