https://www.taxtmi.com/acts?id=16351 The amendment provides that a person who fails to deduct tax at source will not be deemed an assessee in default if the resident has filed a return under section 139, taken the sum into account for computing income, paid the tax declared, and the payer furnishes a prescribed certificate from an accountant. If this conditional exemption does not apply, interest runs from the date tax was deductible until the resident furnishes the return. The limitation period in sub section (3)(ii) is extended from four to six years and "accountant" is defined by reference to section 288(2). en-us Tue, 29 May 2012 13:04:51 +0530 Tue, 29 May 2012 13:04:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16351 The amendment provides that a person who fails to deduct tax at source will not be deemed an assessee in default if the resident has filed a return under section 139, taken the sum into account for computing income, paid the tax declared, and the payer furnishes a prescribed certificate from an accountant. If this conditional exemption does not apply, interest runs from the date tax was deductible until the resident furnishes the return. The limitation period in sub section (3)(ii) is extended from four to six years and "accountant" is defined by reference to section 288(2). Act-Rules F. Acts / Amendment Acts Tue, 29 May 2012 13:04:51 +0530 https://www.taxtmi.com/acts?id=16351