https://www.taxtmi.com/notifications?id=23522 Substitution of rule 28AA provides that an Assessing Officer may issue a certificate for deduction of tax at a lower rate or no deduction where existing and estimated tax liability justify such relief; liability is determined by considering estimated tax for the relevant previous year, tax on returned or assessed income for the last three years, existing liabilities under tax laws, advance tax paid, tax deducted at source and tax collected at source up to the application date; the certificate is limited to and issued to the named person responsible for deduction and is valid for the period specified unless earlier cancelled. en-us Tue, 29 Mar 2011 00:00:00 +0530 Wed, 20 Jul 2011 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=23522 Substitution of rule 28AA provides that an Assessing Officer may issue a certificate for deduction of tax at a lower rate or no deduction where existing and estimated tax liability justify such relief; liability is determined by considering estimated tax for the relevant previous year, tax on returned or assessed income for the last three years, existing liabilities under tax laws, advance tax paid, tax deducted at source and tax collected at source up to the application date; the certificate is limited to and issued to the named person responsible for deduction and is valid for the period specified unless earlier cancelled. Notifications Income Tax Tue, 29 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/notifications?id=23522