Tag Archives: Section 197 Certificate

Deductors to validate Lower TDS certificates given by Deductee

SECTION 197, READ WITH SECTIONS 195, 206C, OF THE INCOME-TAX ACT, 1961 – DEDUCTION OF TAX AT SOURCE – CERTIFICATE FOR DEDUCTION AT LOWER RATE – ADVISORY FOR DEDUCTORS PRESS RELEASE, DATED 1-1-2016 Advisory for Deductors 1. Deductors deduct tax at lower rate on payment/credit to deductee on production of certificate duly issued by assessing… Read More »