Sec 197 - Lower/ non deduction of tax at source
This query is : Resolved
21 April 2009
Is Sec 197 ( Lower/ non deduction of tax at source) applicable for 194 I- rent payment
My client has given me Form 15-G for non deduction of TDS on Rent.
The form 15-G is only signed by my client.
and is not a certificate from the AO.
Can i accept this ?
My client has given me Form 15-G for non deduction of TDS on Rent.
The form 15-G is only signed by my client.
and is not a certificate from the AO.
Can i accept this ?
21 April 2009
Section 197(1) is applicable for section 194I. You are not supposed to accept form 15G as per rule 29C of The Income tax Rules,1962 r.w.s 197A(1A).
22 April 2009
Expert Ans:
Section 197(1) is applicable for section 194I.
Q: What Decleration should i obtain for non deduction of TDS for rent payment.
Section 197(1) is applicable for section 194I.
Q: What Decleration should i obtain for non deduction of TDS for rent payment.
11 May 2009
Certification for non deduction/ short deduction of tax should be obtained by the assessee from the AO u/s 197.
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