Sec 197 - Lower/ non deduction of tax at source
This query is : Resolved
21 April 2009
Is Sec 197 ( Lower/ non deduction of tax at source) applicable for 194 I- rent payment
My client has given me Form 15-G for non deduction of TDS on Rent.
The form 15-G is only signed by my client.
and is not a certificate from the AO.
Can i accept this ?
My client has given me Form 15-G for non deduction of TDS on Rent.
The form 15-G is only signed by my client.
and is not a certificate from the AO.
Can i accept this ?
21 April 2009
Section 197(1) is applicable for section 194I. You are not supposed to accept form 15G as per rule 29C of The Income tax Rules,1962 r.w.s 197A(1A).
22 April 2009
Expert Ans:
Section 197(1) is applicable for section 194I.
Q: What Decleration should i obtain for non deduction of TDS for rent payment.
Section 197(1) is applicable for section 194I.
Q: What Decleration should i obtain for non deduction of TDS for rent payment.
11 May 2009
Certification for non deduction/ short deduction of tax should be obtained by the assessee from the AO u/s 197.
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
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
