Tds on national saving certificate


This query is : Resolved 

23 May 2019 whether section 194EE is applicable on National saving certificate ??????

is there difference between National saving certificate and National saving scheme ???

Please Explain ....
Thanks in advance

23 May 2019 + No.

+ Former is governed by NSC Rules,1989 formulated under Govt Savings
Certificate Act,1959 while the
latter is under NSS Rules,1987 per Govt Savings Bank Act,1873.


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