TDS Exemption Certificate and exemption.

Income exempt under section 10 required to submit certificate under section 197 on non deduction?
Replies (5)
Quick Summary
This discussion clarifies the requirement for a TDS exemption certificate under Section 197 when income is exempt under Section 10. It explains that while income under Section 10(46) is exempt, TDS deduction is generally applicable unless the authority is notified for non-deduction or an Income Tax Officer (ITO) issues a specific certificate. The rules state TDS is mandatory unless a government notification or an ITO's non-deduction certificate is in place.

What is the mature of income? under which subsection it is exempt?

Income u/s 10(46) is exempt

The authority must have been notified for non-deduction of TDS.

If not, TDS deduction applicable, unless any certificate issued by ITO.

Any IT Rule Or section or notification?

The rule is the TDS is required to be deducted while making some payments as specified in different sections; unless there is any specific notification by Government for the organization; or if the ITO has issued any Non Deduction of TDS certificate, for specific transaction/event.

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