Certificate For Deduction OF Tax At a Lower Rate [Section 197] | AY 2019-20 onwards

Last udpated: Jan. 15, 2019, 1:57 p.m.


This section applies where, in the case of any income of any person or sum payable to any person, income-tax is required to be deducted at the time of credit or payment, as the case may be at the rates in force as per the provisions of sections  -


  1. In such cases, the assessee can make an application to the Assessing Officer for deduction of tax at a lower rate or for non-deduction of tax.
  2. If the Assessing Officer is satisfied that the total income of the recipient justifies the deduction of income-tax at lower rates or no deduction of income-tax, as the case may be, he may give to the assessee such certificate, as may be appropriate.
  3. Where the Assessing Officer issues such a certificate, then the person responsible for paying the income shall deduct income-tax at such lower rates specified in the certificate or deduct no tax, as the case may be, until such certificate is cancelled by the Assessing Officer.
  4. Enabling powers have been conferred upon the CBDT to make rules for prescribing the procedure in this regard.
Posted by CA Ankit Sharma under Income-Tax

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