Obtain non/lower Tax deduction certificate under Sec 197 for business

CA. Siva Nagaraju , Last updated: 09 May 2018  
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The provisions of Income- tax act impose an obligation on the customer (i.e., recipient of service) to withhold a certain portion of payment as tax deduction at source. Accordingly, the customer deducts such portion and releases the balance amount. Assuming TDS rate is 10% and bill value is Rs.50

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Published by

CA. Siva Nagaraju
(Practicing Chartered Accountant)
Category Income Tax   Report

13 Likes   10443 Views

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