Person Responsible to Deduct Tax:
Mutual funds or UTI
Category of Payee:
Individuals and HUF
Rate of Deduction of Tax:
20%
Time for Deduction of Tax:
At the time of the payment / return of such investments.
Time for Deposit of TDS:
In case of deduction by or on behalf of Government, on the same day.
Other cases- within 1 week from the last day of the month of tax deduction.
