https://www.taxtmi.com/article/detailed?id=5836 Rule 37BA permits allocation of TDS credit to a person other than the deductee where the deductee files a declaration and the deductor reports the deduction in that person's name; the declaration must state the beneficiary's name, address, PAN, payment details and reasons, and the deductor must issue the TDS certificate and report accordingly. In absence of a prescribed form, advance and post-event declarations and revised or rectified TDS returns are used to secure credit, but lack of standard procedures has produced disputes and litigation, prompting a recommendation for specified forms and clear procedures. en-us Sat, 20 Sep 2014 06:14:01 +0530 Sat, 20 Sep 2014 06:14:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5836 Rule 37BA permits allocation of TDS credit to a person other than the deductee where the deductee files a declaration and the deductor reports the deduction in that person's name; the declaration must state the beneficiary's name, address, PAN, payment details and reasons, and the deductor must issue the TDS certificate and report accordingly. In absence of a prescribed form, advance and post-event declarations and revised or rectified TDS returns are used to secure credit, but lack of standard procedures has produced disputes and litigation, prompting a recommendation for specified forms and clear procedures. Articles Income Tax Sat, 20 Sep 2014 06:14:01 +0530 https://www.taxtmi.com/article/detailed?id=5836