07 February 2022
Dear sir, kindly advise, while paying rent under sec 194 I to panchayath, local authorities what rate is applicable or if it is exempted - which documents to be collected, before payment
07 February 2022
IN THE CASE OF LOCAL AUTHORITIES AND STATUTORY AUTHORITIES..... REFERRED TO IN SEC. 10(20A/10(20), THERE WILL BE NO REQUIREMENT TO DEDUCT TAX AT SOURCE FROM INCOME BY WAY OF RENT IF THE PERSON RESPONSIBLE FOR PAYING IS SATISFIED ABOUT THE TAX EXEMPT STATUS UNDER CLAUSE (20) AND (20A)OF SECTION 10 ON THE BASIS OF A CERTIFICATE TO THIS EFFECT GIVEN BY THE SAID AUTHORITIES .