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of <h1>Section 119 Clarifies Validity and Extension of TDS/TCS Certificates for FY 2019-20 and FY 2020-21</h1> Orders issued under Section 119 of the Income-Tax Act clarify that certificates for lower or nil deduction/collection of TDS/TCS issued for FY 2019-20 remain valid for their original periods and additionally from April 1 to June 30, 2020, for FY 2020-21, subject to prior conditions. Threshold limits in such certificates for FY 2019-20 apply afresh for the extended period in FY 2020-21. Internal approvals and communications for these certificates may be conducted electronically by tax authorities. However, if a taxpayer applies for a certificate for FY 2020-21 with a new or different TAN or seeks revision of rates due to COVID-19 impacts, the earlier relaxations do not apply, and a fresh application following standard procedures is required.
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