Reg certificate u/s 197 for lower deduction

This query is : Resolved

Amit (Querist)
Follow

21 August 2013 Hi
Our company got the lower deduction certificate from Income tax office. But as our client no.s are more than 200, they have not given us individual certificate, but a consolidated certificate which contains names of all the clients. All the clients except one client are deducting tax at the lower rate. But the said client is asking for original certificate in their name. So they are deducting tax at normal rates because they do not have original certificate. Can you please give me the details where it is stated that original certificate u/s 197 needs to be submitted to the client.

Thanks

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

21 August 2013 The first sentence of form 13 will give you the answer. The certificate would have been sent to the deductor. Therefore, the claim of the deductor for original certificate is genuine.

Amit

Amit (Querist)
Follow

21 August 2013 Sir Thanks for your reply. But income tax itself is giving a consolidated certificate.So what should we do?

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok