Lower Deduction of TDS

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CA Sunanda Badgujar (Querist)
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22 September 2009 HEllo to all,
I want to ask a querry, that, a person receiving professional fees is falls under 10.30% TDS rate u/s 194J. But the income of the person is below taxable limit i.e. 1,80,000/-, so can he apply to income tax department for no deduction of tax at source?
If yes, then whats the procedure for the same.
Thanks in advance

CA. Bikash Bogi

CA. Bikash Bogi (Expert)
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22 September 2009 NO
He Can't
You have to claim refund from the department

CA Devanshi Gandhi (Ajani)

CA Devanshi Gandhi (Ajani) (Expert)
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22 September 2009 agree

K V Subba Rao

K V Subba Rao (Expert)
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22 September 2009 Please refer Para 175.5 of 32nd edition of Singhania's Ready Reckoner

As I understand, Sec 197 provides for obtaining Certificate from ITO for no deduction.

CA SANJAY MUKHERJEE

CA SANJAY MUKHERJEE (Expert)
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22 September 2009 I do agree with Mr. K V Subba Rao. There is scope forr application in Form 13 for for no tax or lower tax deduction at source.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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22 September 2009 Agree with the views of Mr.Rao and Mr. Mukherjee.

Gokul

Gokul (Expert)
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22 September 2009 The person can apply to ITO to obtain the certificate

Ankur Garg

Ankur Garg (Expert)
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22 September 2009 Agree with Experts.

CA Sunanda Badgujar

CA Sunanda Badgujar (Querist)
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23 September 2009 Ok thanks To all,

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