Order u/s 119 of The Income Tax Act, 1961 on issue of certificates for lower rate/nil deduction/collection of TDS or TCS u/s 195, 197 and 206C(9)

Last updated: 01 April 2020

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This notification concerns an order issued under Section 119 of the Income Tax Act, 1961. It relates to the process of issuing certificates that allow for a lower or nil rate of Tax Deducted at Source (TDS) or Tax Collected at Source (TCS). This applies to specific sections of the Act, including Section 195, Section 197, and Section 206C(9).

Order u/s 119 of The Income Tax Act, 1961 on issue of certificates for lower rate/nil deduction/collection of TDS or TCS u/s 195, 197 and 206C(9) Please refer to the attached file for notification

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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FAQ :

The order facilitates the issuance of certificates for lower or nil deduction/collection of TDS or TCS under specific sections of the Income Tax Act, 1961.

This order covers TDS/TCS provisions under Section 195, Section 197, and Section 206C(9) of the Income Tax Act, 1961.

It means that under certain circumstances, the amount of tax to be deducted at source or collected at source can be reduced to a lower rate or even to zero.

The full notification details are available in the attached file mentioned in the article.