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of <h1>Entities Exempt u/s 10 Don't Need Self-Declarations for TDS; Section 197A Amendment Doesn't Alter Exemption.</h1> Entities whose income is exempt under section 10 of the Income-tax Act and are not required to file returns under section 139 are not obligated to submit self-declarations under section 197A for tax deduction at source. This applies to various funds, authorities, and boards such as local authorities, regimental funds, certain insurance funds, and others listed in the circular. These entities are exempt from tax deduction at source because their income is unconditionally exempt under the Act. The circular clarifies that the amendment to section 197A does not change this exemption status.
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