As per Rule 30(3) of the Income-tax Rules, 1962 - Notwithstanding anything contained in sub-rule (2), in special cases, the Assessing Officer may, with the prior approval of the Joint Commissioner, permit quarterly payment of the tax deducted under section 192 or section 194A or section 194D or section 194H for the quarters of the financial year.
In this regards kindly explain the Special Cases in which assessee may approach the assessing officer and what is the process to avail benifit of this rule.
Thanking You.
Clarification on Rule 30(3): COVID-19 is not a 'special case' for quarterly TDS payment relief, central measures apply. A query was raised regarding the quarterly payment of Tax Deducted at Source (TDS) under Rule 30(3) of the Income-tax Rules, 1962, which allows the Assessing Officer, with approval from the Joint Commissioner, to permit quarterly payments in special cases. The query sought clarification on what constitutes 'special cases' and the process to avail of this benefit. In response, it was opined that the COVID-19 pandemic does not qualify as a special case since it affects all taxpayers nationwide, and any relief measures are being provided by the central government. (AI Summary)
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