Budget 2023-24: Extending the scope for deduction of tax at source to lower or nil rate

Last updated: 01 February 2023

Section 197 of the Act relates to grant of a certificate of tax deduction at lower or nil rate. It provides for assessee to apply to the Assessing Officer for TDS at zero rate or lower rate, if the tax is required to be deducted under sections 192, 193, 194, 194A, 194C, 194D, 194G, 194H, 194-I, 194J

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Category Union Budget   Report

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