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 Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Prior approval needed for lower tax collection certificates u/s 206C(9); stricter rules for high-value cases.</h1> Instruction No. 4/2010 mandates prior administrative approval for issuing certificates of lower tax collection at source under section 206C(9) of the Income-tax Act, 1961. Approval from the Additional Commissioner or Joint Commissioner of Income Tax is required in each case. If the tax foregone exceeds Rupees Fifty lakh in major cities or Rupees Ten lakh elsewhere, approval from the Commissioner of Income Tax (TDS) is also necessary. For international taxation matters, relevant officers hold the approval authority. The instruction emphasizes strict compliance and requires notifying jurisdictional CIT after approval.
TaxTMI 
TaxTMI 
