Whether prescribed self-declaration under section 197A can be submitted by entities whose income is exempt under section 10

Whether prescribed self-declaration under section 197A can be submitted by entities whose income is exempt under section 10 https://www.taxtmi.com/circulars?id=2879 Where a recipient's income is unconditionally exempt under the income-tax law and the recipient is statutorily not required to file a return, there is no requirement to deduct tax at source on payments to that recipient even if payments exceed the prescribed threshold; the circular identifies specified categories of funds, authorities, boards and bodies that qualify for this non-application of TDS. en-us Tue, 16 Jul 2002 00:00:00 +0530 Mon, 11 Aug 2008 10:19:00 +0530 TaxTMI RSS Generator Whether prescribed self-declaration under section 197A can be submitted by entities whose income is exempt under section 10 https://www.taxtmi.com/circulars?id=2879 Where a recipient's income is unconditionally exempt under the income-tax law and the recipient is statutorily not required to file a return, there is no requirement to deduct tax at source on payments to that recipient even if payments exceed the prescribed threshold; the circular identifies specified categories of funds, authorities, boards and bodies that qualify for this non-application of TDS. Circulars Income Tax Tue, 16 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2879