Lower deduction of tds

TDS 510 views 2 replies

We are a Civil Engineering and Construction Comapny doing business all over india and  have a number of clients more than 100 at a time.  We have obtained Certifiacte for Lower dedcution of Tax . Since the Certifiacte is for a large number of Deductors and the Certificate contains particulars of 20 deductors such as Certificate No for each Deductor, thier TAN, TAN Name , amount, section , rate at which TDS is to be dedcuted, validity of Certificate.   Every Deductor is asking for Original which cannot be given to them since one  Certificate can not be given to 20 Deductors at a time. So we provided copies Certificate to the Deductors. Some are asking for Original have refused to deduct TDS at lower rates as precscribed in the Certificate. Is there any provision by which we can force the dedcutor to apply lower rates for dedcution of tax at source.

 

How to convince the deductors for applying lower deduction of TDS

 

 

Replies (2)

CPC(TDS) has provided the facility of validating the 197 certificate to the deductors on www.tdscpc.gov.in (TRACES). This enables a deductor to first validate the 197 certificates given to him by their deductees and then furnish the same in the TDS/TCS statement.

This way deductor can check the authenticity of certificate. 

 

Get copies certified by department's officer. or even Magistrate of court.


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