TDS sec 193 interest on securities please explain me doubt??

As per section 2(28B) of Income Tax Act, “interest on securities” means any interest on security (issued by the government whether state or central) and interest on debentures/securities (issued by the company a corporation or local authority established by Central, State or Provincial act).

Hence, any such interest income as received above will attract tax deduction u/s 193.

Any person who is giving interest income on securities to a resident is required to deduct tax before releasing the interest amount.

No TDS shall be deducted in the following cases:

In case where debentures are issued by the listed companies,no TDS shall be deducted upto Rs. 5000 (such amount upto Rs 5000 shall be given by an a/c payee cheque).
In case of 8% saving (taxable) bonds, for an amount upto Rs. 10, 000.
As per the Income Tax Act, there exist some situations which do not require any tax deduction in this section as follows-
Interest payable on debentures issued by the notified institution, authority, public sector company or co-operative society.
Interest payable to LIC/ other insurers on securities owned by them or in which they have full beneficial interest.
Interest payable on security (which is in demate form) issued by a company listed on stock exchange in India
Interest on 7 year National Savings Certificate (IV issue).
Interest on the National Development Bonds
Interest on 4% National Defence Loan, 1968 or National Defence Loan, 1972 held by an Individual.
Interest on 4% National Defence Bonds, 1972 held by a resident Individual.
Interest to the GIC (General Insurance Corporation) on the securities owned by it or in which it has a full beneficial interest.
Interest on 6 % Gold Bonds, 1977 or 7% Gold Bonds, 1980 held by a resident Individual only if the total nominal value of the bonds didn’t exceed INR 10,000 at any time during the period to which the interest relates.
Interest on Security of the Central Government or a State Government
Interest to any other insurer on the securities owned by it or in which it has a full beneficial interest.