Notification under section 197A of the Income tax Act 1961 in case of Credit Guarantee Fund Trust for Micro and Small Enterprises

8183 GI/202 4 (1) EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY No. 5068 ] NEW DELHI, WEDNESDAY , DECEMBER 18, 2024 /AGRAHAYANA 27 , 194 6 CG-DL-E-18122024-259502 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 18th December , 2024 INCOME -TAX S.O. 5476 (E).—In exercise of the powers conferred by sub -section (1F) of section 197A of the Income -tax Act, 1961 (43 of 1961) (hereafter in this notifica tion referr ed to as the said Act), the Central Government hereby notifies that no deduction of income -tax shall be made under Chapter XVII of the said Act on any payment received by the Credit Guarantee Fund Trust for Micro and Small Enterprises as referred to in clause (46B) of section 10 of the said Act. 2. This notification shall come into force on the date of its publication in the Official Gazette. [No. 128/2024/F.No. 275/77/2024 -IT(B)] RUBAL SINGH , Dy. Secy . Uploaded by Dte. of Printing at Government of India Press, Ring R oad, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.