Procedure, format and standards for filing an application for grant of certificate for deduction of Income-tax at any lower rate or no deduction of Income-tax under sub-section (1) of Section 197 / collection of the tax at any lower rate under subsection (9) of Section 206C of the Income-tax Act, 1961 through TRACES - 08/2018 - Income Tax Act, 1961
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Lower/no tax deduction certificates via TRACES enable electronic Form 13 filing, review, and system-generated issuance. Electronic filing of applications in Form No. 13 for certificates under sub-section (1) of Section 197 and sub-section (9) of Section 206C is to be done via the TRACES portal with submission under digital signature or electronic verification code. The system supplies prior-year return data, audit reports, assessment orders and PAN demands to the Assessing Officer. Applications are assigned to TDS Assessing Officers according to jurisdiction and revenue-foregone thresholds; Assessing Officers may seek clarifications online, adopt system-suggested estimated rates or determine their own, and forward recommendations to Range Head or CIT for administrative approval before system-generated certificates are issued.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Lower/no tax deduction certificates via TRACES enable electronic Form 13 filing, review, and system-generated issuance.
Electronic filing of applications in Form No. 13 for certificates under sub-section (1) of Section 197 and sub-section (9) of Section 206C is to be done via the TRACES portal with submission under digital signature or electronic verification code. The system supplies prior-year return data, audit reports, assessment orders and PAN demands to the Assessing Officer. Applications are assigned to TDS Assessing Officers according to jurisdiction and revenue-foregone thresholds; Assessing Officers may seek clarifications online, adopt system-suggested estimated rates or determine their own, and forward recommendations to Range Head or CIT for administrative approval before system-generated certificates are issued.
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