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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
