Nature of payment under section 197 (1)

Mr Krishna Chand,

TDS is deductible u/s 192 to 195 . U/s 197 reccipient can apply to the assessing officer to get a certificate authorising the payer to deduct tax at lower rate or deduct no tax as may be appropriate. All payments u/s 192 tp 195 will be covered under it. Querry not clear.

Surendra Morolia

your query also not clear to me but the solution which is given by surendra is quite right

sunil