TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Understanding Rule 37BA: TDS Credit Allocation and Transfer Provisions Under Section 199 of Income Tax Rules 1962</h1> Rule 37BA of the Income Tax Rules, 1962, outlines the provisions for crediting tax deducted at source (TDS) under section 199. Credit for TDS is given to the deductee based on information provided by the deductor to tax authorities. If the income is assessable in another person's hands, credit is transferred to that person upon declaration by the deductee. TDS credit is allocated to the assessment year corresponding to the income year, or proportionately if income spans multiple years. For section 194N, credit is given to the account holder from whom the tax is deducted. Verification is subject to risk management strategies.
TaxTMI 
TaxTMI 
