Section 197A - Self declaration for Non-deduction of TDS

Self-declaration for non-deduction of TDS enables payees to avoid withholding where estimated tax liability is nil.

Self-declaration by a recipient enables non-deduction of tax at source where the recipient's estimated tax liability will be nil; individuals and persons other than companies or firms may furnish prescribed duplicate declarations to payers, resident senior citizens have a distinct declaration with special eligibility allowing non-deduction despite gross income exceeding the basic exemption when net tax after rebate is nil, certain payments and notified recipients attract blanket non-deduction or reduced withholding subject to conditions, and payers must transmit, retain and uniquely identify declarations furnished in paper or electronically for verification.