Income tax
This query is : Resolved
17 May 2008
Can any body tell me about Form 13,(lower deduction/no deduction
17 May 2008
FORM NO. 13
[See rules 28 and 37G ]
Application by a person for a certificate under section 197 and / or 206C(9) of the Income-tax Act, 1961,for no *deduction / collection of tax or *deduction / collection of tax at a lower rate.
To,
The Assessing Officer,
1. I, of do, hereby, request that
a certificate may be issued to the person responsible for paying to me the incomes / sum by way of salary / interest on securities / interest other than “interest on securities” / insurance commission / commission ( not being insurance commission or brokerage / commission, etc; on the sale of lottery tickets / fees for personal or technical services / any sum
by way of payment to contractors and sub-contractors / dividends / rent / income in respect units (strike out whichever is not
applicable ) authorising him not to deduct income-tax / to deduct income-tax at the rate of per cent
at the time of payment to me of such income / sum. The particulars of my income are as per para 2;
and / or
*I, of do, hereby, request that
a certificate may be issued to the seller, being the person responsible for collecting the tax from me in respect of the amount payable by me as the buyer of
[ specify the nature of goods referred to in the Table in sub-section (1) of section 206C]
authorizing him to collect income-tax at the rate of percent
at the time of debit of such amount to my account or receipt thereof from me, as the case may be. The particulars of my income are as per para 2.
2. The particulars of my income / other relevant details are under :
i. Status
(State whether individual, Hindu undivided family, firm,
Body of Individuals, etc.)
ii. Residential status
(Whether resident/resident but not ordinarily resident/non-resident.)
iii. Permanent Account No.
iv. Assessment year to which the payments relate.
v. Estimated total income of the previous year relevant to the assessment year referred to in (iv) above. (give the computation and basis thereof)
vi. Total tax payable on the income at (v)
vii. Average rate of tax
[Col.(vi) X 100 ]
[Col.(v) ]
viii. How the liability determined in col. (vi) is proposed to be discharged? (Specify the amount to be paid by way of advance tax, TDS and TCS)
ix. Total income assessed in the last three assessment years and the total tax paid for each such year:
Assessment Year Total income Total tax
(i)
(ii)
(iii)
x. Date and amount of advance tax, tax deducted at source and tax collected at souce, if any, already paid so far.
xi. Details of income claimed to be exempt and not included in the total income (Please append a note giving reason for claiming such exemption).
xii. Please furnish the particulars in Annexure I in respect of no deduction of tax or deduction of tax or deduction of tax at a lower rate under section 197 and / or in Annexure II for collection of tax at lower rate under section 206C(9) of the Income Tax Act, as the case may be
*I,…………………….. the trustee / co-trustee of …………………….. do hereby declare that the securities / sums / shares, particulars of which are given in the Annexure, are properly held under trust wholly for charitable or religious purposes and that the income therefrom qualifies for exemption under sections 11 and 13 of the Income-tax Act, 1961.
*I declare that the securities / sums / shares, particulars of which are given in the Schedules above, stand in my name and are beneficially owned by me, and the income therefrom is not includible in the total income of any other person under section 60 to 64 of the Income-tax Act, 1961.
I further declare that what is stated in this application is correct.
Date………. ……………….
Place……… Signature
……………
…………….
…………….
Address
*Strike out whichever is not applicable.
ANNEXURE I
[ For the purpose of tax deduction at source ]
Please furnish the particulars with the Schedules below in respect of the payments for which the certificate is sought.
SCHEDULE I
Description of securities Number of securities Date of securities Amount of securities Estimated amount of interest to be received
(1) (2) (3) (4) (5)
SCHEDULE II
Sl. No.
Name and address of the person to whom the sums are given on Interest
Amount of such sums
The date on which such sums were given on interest
Period for which such sums were given on Interest
Rate of interest Estimated amount of interest to be received
(1) (2) (3) (4) (5) (6) (7)
SCHEDULE III
Sl. No. Name and address of person responsible for paying insurance commission
Estimated amount of insurance commission
(1) (2) (3)
SCHEDULE IV
Sl. No.
Name and address of the company
No. of shares
Class of shares and face value of each share
Total face value of shares
Distinctive number of shares Estimated amount of dividend to be received
(1) (2) (3) (4) (5) (6) (7)
SCHEDULE V
Sl. No.
Name and address of the employer
Period of employment
Amount of salary received
Income from house property
Income from sources other than salary and income from house property
Estimated total income
(1) (2) (3) (4) (5) (6) (7)
SCHEDULE VI
Sl. No.
Name and address of person responsible for paying rent
Estimated amount of rent
to be received
(1) (2) (3)
SCHEDULE VII
Sl. No.
Name and address of the mutual fund
No. of units
Classes of units and face value of each unit
Total face value of units
Distinctive numbers of units Estimated amount of income to be received
(1) (2) (3) (4) (5) (6) (7)
SCHEDULE VIII
Sl. No.
Name and address of person responsible for paying commission (not being insurance commission referred to in section 194D) or brokerage Estimated amount of commission (not being insurance commission referred to in section 194D) or brokerage to be received
(1) (2) (3)
SCHEDULE IX
Sl. No.
Full name and address of the authority / person with whom the contract was made Date of contract Nature of
the
contract Date by which work on the contract would be completed Sums expected to be credited / paid in pursuance of the contract during the current previous year and each of the three immediately succeeding years
(1) (2) (3) (4) (5) (6)
SCHEDULE X
Sl.No. Name and address of person(s) responsible for paying commission, remuneration or prize ( by whatever name called) on the sale of lottery tickets Estimated amount of commission / remuneration / prize to be received (strike out whichever is not applicable)
(1) (2) (3)
SCHEDULE XI
Sl.No. Name and address of person(s) responsible for paying fees for professional / technical services Estimated amount of fees for professional / technical services to be received (strike out whichever is not applicable)
(1) (2) (3)
SCHEDULE XII
Sl.No. Name and address of person responsible for paying compensation or enhanced compensation or the consideration or enhanced consideration on account of compulsory acquistion of immovable property Estimated amount of compensation or the enhanced compensation or consideration or the enhanced consideration
(1) (2) (3)
Date …………………. ………………………….
Place ………………… (Signature )
………………………….
………………………….
Address
ANNEXURE II
[ For the purpose of tax collection at source ]
Please furnish particulars of the amounts payable in respect of which the certificate is sought in the Schedules below.
SCHEDULE II
Sl.No Full name and address of the seller Date of sale with reference number of such sale Nature and description of the goods sold and details of sale Amounts expected to be debited / paid in pursuance of the sale during the current financial year and each of the three immediately succeeding years
(1) (2) (3) (4) (5)
SCHEDULE II
Sl.No Full name and address of the person granting lease or licence Date of grant of lease or licence or contract or transfer of right with reference number Nature of contract or licence or lease and description and details of the contract Amounts expected to be debited / paid in pursuance of the contract during the current financial year and each of the three immediately succeeding years
(1) (2) (3) (4) (5)
Date …………………. ………………………….
Signature of the buyer or licensee
or lessee
Full Name………………….
Designation………………..
LOG ON INCOME TAX SITE FOR THIS FORM www.incometaxindia.gov.in
[See rules 28 and 37G ]
Application by a person for a certificate under section 197 and / or 206C(9) of the Income-tax Act, 1961,for no *deduction / collection of tax or *deduction / collection of tax at a lower rate.
To,
The Assessing Officer,
1. I, of do, hereby, request that
a certificate may be issued to the person responsible for paying to me the incomes / sum by way of salary / interest on securities / interest other than “interest on securities” / insurance commission / commission ( not being insurance commission or brokerage / commission, etc; on the sale of lottery tickets / fees for personal or technical services / any sum
by way of payment to contractors and sub-contractors / dividends / rent / income in respect units (strike out whichever is not
applicable ) authorising him not to deduct income-tax / to deduct income-tax at the rate of per cent
at the time of payment to me of such income / sum. The particulars of my income are as per para 2;
and / or
*I, of do, hereby, request that
a certificate may be issued to the seller, being the person responsible for collecting the tax from me in respect of the amount payable by me as the buyer of
[ specify the nature of goods referred to in the Table in sub-section (1) of section 206C]
authorizing him to collect income-tax at the rate of percent
at the time of debit of such amount to my account or receipt thereof from me, as the case may be. The particulars of my income are as per para 2.
2. The particulars of my income / other relevant details are under :
i. Status
(State whether individual, Hindu undivided family, firm,
Body of Individuals, etc.)
ii. Residential status
(Whether resident/resident but not ordinarily resident/non-resident.)
iii. Permanent Account No.
iv. Assessment year to which the payments relate.
v. Estimated total income of the previous year relevant to the assessment year referred to in (iv) above. (give the computation and basis thereof)
vi. Total tax payable on the income at (v)
vii. Average rate of tax
[Col.(vi) X 100 ]
[Col.(v) ]
viii. How the liability determined in col. (vi) is proposed to be discharged? (Specify the amount to be paid by way of advance tax, TDS and TCS)
ix. Total income assessed in the last three assessment years and the total tax paid for each such year:
Assessment Year Total income Total tax
(i)
(ii)
(iii)
x. Date and amount of advance tax, tax deducted at source and tax collected at souce, if any, already paid so far.
xi. Details of income claimed to be exempt and not included in the total income (Please append a note giving reason for claiming such exemption).
xii. Please furnish the particulars in Annexure I in respect of no deduction of tax or deduction of tax or deduction of tax at a lower rate under section 197 and / or in Annexure II for collection of tax at lower rate under section 206C(9) of the Income Tax Act, as the case may be
*I,…………………….. the trustee / co-trustee of …………………….. do hereby declare that the securities / sums / shares, particulars of which are given in the Annexure, are properly held under trust wholly for charitable or religious purposes and that the income therefrom qualifies for exemption under sections 11 and 13 of the Income-tax Act, 1961.
*I declare that the securities / sums / shares, particulars of which are given in the Schedules above, stand in my name and are beneficially owned by me, and the income therefrom is not includible in the total income of any other person under section 60 to 64 of the Income-tax Act, 1961.
I further declare that what is stated in this application is correct.
Date………. ……………….
Place……… Signature
……………
…………….
…………….
Address
*Strike out whichever is not applicable.
ANNEXURE I
[ For the purpose of tax deduction at source ]
Please furnish the particulars with the Schedules below in respect of the payments for which the certificate is sought.
SCHEDULE I
Description of securities Number of securities Date of securities Amount of securities Estimated amount of interest to be received
(1) (2) (3) (4) (5)
SCHEDULE II
Sl. No.
Name and address of the person to whom the sums are given on Interest
Amount of such sums
The date on which such sums were given on interest
Period for which such sums were given on Interest
Rate of interest Estimated amount of interest to be received
(1) (2) (3) (4) (5) (6) (7)
SCHEDULE III
Sl. No. Name and address of person responsible for paying insurance commission
Estimated amount of insurance commission
(1) (2) (3)
SCHEDULE IV
Sl. No.
Name and address of the company
No. of shares
Class of shares and face value of each share
Total face value of shares
Distinctive number of shares Estimated amount of dividend to be received
(1) (2) (3) (4) (5) (6) (7)
SCHEDULE V
Sl. No.
Name and address of the employer
Period of employment
Amount of salary received
Income from house property
Income from sources other than salary and income from house property
Estimated total income
(1) (2) (3) (4) (5) (6) (7)
SCHEDULE VI
Sl. No.
Name and address of person responsible for paying rent
Estimated amount of rent
to be received
(1) (2) (3)
SCHEDULE VII
Sl. No.
Name and address of the mutual fund
No. of units
Classes of units and face value of each unit
Total face value of units
Distinctive numbers of units Estimated amount of income to be received
(1) (2) (3) (4) (5) (6) (7)
SCHEDULE VIII
Sl. No.
Name and address of person responsible for paying commission (not being insurance commission referred to in section 194D) or brokerage Estimated amount of commission (not being insurance commission referred to in section 194D) or brokerage to be received
(1) (2) (3)
SCHEDULE IX
Sl. No.
Full name and address of the authority / person with whom the contract was made Date of contract Nature of
the
contract Date by which work on the contract would be completed Sums expected to be credited / paid in pursuance of the contract during the current previous year and each of the three immediately succeeding years
(1) (2) (3) (4) (5) (6)
SCHEDULE X
Sl.No. Name and address of person(s) responsible for paying commission, remuneration or prize ( by whatever name called) on the sale of lottery tickets Estimated amount of commission / remuneration / prize to be received (strike out whichever is not applicable)
(1) (2) (3)
SCHEDULE XI
Sl.No. Name and address of person(s) responsible for paying fees for professional / technical services Estimated amount of fees for professional / technical services to be received (strike out whichever is not applicable)
(1) (2) (3)
SCHEDULE XII
Sl.No. Name and address of person responsible for paying compensation or enhanced compensation or the consideration or enhanced consideration on account of compulsory acquistion of immovable property Estimated amount of compensation or the enhanced compensation or consideration or the enhanced consideration
(1) (2) (3)
Date …………………. ………………………….
Place ………………… (Signature )
………………………….
………………………….
Address
ANNEXURE II
[ For the purpose of tax collection at source ]
Please furnish particulars of the amounts payable in respect of which the certificate is sought in the Schedules below.
SCHEDULE II
Sl.No Full name and address of the seller Date of sale with reference number of such sale Nature and description of the goods sold and details of sale Amounts expected to be debited / paid in pursuance of the sale during the current financial year and each of the three immediately succeeding years
(1) (2) (3) (4) (5)
SCHEDULE II
Sl.No Full name and address of the person granting lease or licence Date of grant of lease or licence or contract or transfer of right with reference number Nature of contract or licence or lease and description and details of the contract Amounts expected to be debited / paid in pursuance of the contract during the current financial year and each of the three immediately succeeding years
(1) (2) (3) (4) (5)
Date …………………. ………………………….
Signature of the buyer or licensee
or lessee
Full Name………………….
Designation………………..
LOG ON INCOME TAX SITE FOR THIS FORM www.incometaxindia.gov.in
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- SEC 54 OF IT ACT
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- Form 26QB for TDS on property
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Payable outstanding for years disallowance
- GST Annual Returns filing due date
- DTCP approval
- Whether still royalty
- TDS NUMBER SURRENDER
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
