Certificate for tax deducted must be furnished to payees showing amount, rate and prescribed particulars after deduction. Every person deducting tax under the chapter must, within the prescribed period from credit, payment or issue of a cheque or warrant, furnish to the payee ... Summary
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Certificate for tax deducted must be furnished to payees showing amount, rate and prescribed particulars after deduction.
Every person deducting tax under the chapter must, within the prescribed period from credit, payment or issue of a cheque or warrant, furnish to the payee a certificate that tax has been deducted, specifying the amount deducted, the rate of deduction and other prescribed particulars. An employer required to pay tax must similarly furnish a certificate to the payee stating that tax has been paid to the Central Government and specifying the amount paid, the rate and other prescribed particulars.
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