Certificate of no deduction of tax at source permits eligible charitable and approved institutions to receive payments without TDS. A new rule allows eligible charitable, religious and specified approved institutions to apply to the Assessing Officer for a certificate authorizing receipt of income without deduction of tax at source, subject to conditions: all due returns filed, current approval for tax exemption, and submission of six monthly lists of deductors; the Assessing Officer may grant, cancel, or restrict the certificate based on satisfaction of conditions and protection of revenue, with certificates valid for the stated financial year.
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.
Certificate of no deduction of tax at source permits eligible charitable and approved institutions to receive payments without TDS.
A new rule allows eligible charitable, religious and specified approved institutions to apply to the Assessing Officer for a certificate authorizing receipt of income without deduction of tax at source, subject to conditions: all due returns filed, current approval for tax exemption, and submission of six monthly lists of deductors; the Assessing Officer may grant, cancel, or restrict the certificate based on satisfaction of conditions and protection of revenue, with certificates valid for the stated financial year.
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