Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Declaration for no tax deduction uses Form 15G and Form 15H, with electronic filing, unique identification, and quarterly reporting. Form 15G and Form 15H are prescribed for declarations under section 197A claiming receipt of specified incomes without deduction of tax. The declaration may be furnished in paper form or electronically after verification, and the payer must allot a unique identification number to each declaration received in every quarter of the financial year. The particulars of the declaration, together with the unique identification number, must be reported in the quarterly statement of deduction of tax even if no tax has been deducted.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Declaration for no tax deduction uses Form 15G and Form 15H, with electronic filing, unique identification, and quarterly reporting.
Form 15G and Form 15H are prescribed for declarations under section 197A claiming receipt of specified incomes without deduction of tax. The declaration may be furnished in paper form or electronically after verification, and the payer must allot a unique identification number to each declaration received in every quarter of the financial year. The particulars of the declaration, together with the unique identification number, must be reported in the quarterly statement of deduction of tax even if no tax has been deducted.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
