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certificate u/s 197

Amar Panwar (1 Points)

26 April 2018

can we apply for a certificate u/s 197, for TCS

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3 Replies

Nikhil Sharma (Government Service) (539 Points)
Replied 26 April 2018

NO, because as per section 197 , application for lower rate certificate of sections 192, 193, 194, 194A, 194C, 194D, 194G, 194H, 194-I, 194J, 194K, 194LA 94[, 194LBB, 194LBC] and195 can be made. TCS is covered under section 206C which is not covered above. However application can be made under section 206C(9)

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (184754 Points)
Replied 26 April 2018

Lower TCS:: A certificate for collection of tax at such lower rate than the relevant rate specified in sub-section (1) or sub-section (1C) can be applied by buyer or lessee u/s. 206C(9) of IT act.