10 June 2010
The benefit goes to the deductee. The deductee has to submit form 13 to the jurisdictional Income tax officer and the officer in turn issues certificate stating the lower rate. The deductee has to submit this certificate to the deductor and he/they will deduct tax as per the rate mentioned in the said certificate.
Further i want ask you that we are in partnership firm & we are the distributor of Aircel ltd. [ a telecom compnay] what papaers should we attach with form 13 to get the tds cetrificate at lower rate u/s. 197 income tax?
CAclubindia
