Deduction certificates for lottery dealers permit lower or no tax deduction; payers must follow until cancellation. Amendment to section 194G provides that the Assessing Officer may, on application and where total income justifies, issue a certificate allowing deduction ... Summary
Deduction certificates for lottery dealers permit lower or no tax deduction; payers must follow until cancellation.
Amendment to section 194G provides that the Assessing Officer may, on application and where total income justifies, issue a certificate allowing deduction of income-tax at a lower rate or no deduction for persons dealing in lottery tickets; payers must deduct tax according to that certificate until it is cancelled by the Assessing Officer.
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