Clarification on orders dated 31.03.2020 and 03.04.2020 issued under Section 119 of the Income-Tax Act, 1961 (the Act) by CBDT vide F. No. 275/25/2020-IT(B) regarding issuance of certificate for lower rate/nil deduction/collection of TDS/TCS u/s. 195, 197 and 206C(9) of the Income-Tax Act, 1961 https://www.taxtmi.com/circulars?id=67115 Existing lower/nil deduction/collection certificates for F.Y. 2019 20 remain valid for their originally specified period and are additionally valid for the transitional period at the start of the following year subject to original order conditions; threshold limits assigned for 2019 20 apply unchanged for that transitional period. Electronic communications may be used for internal approval and issuance. New/different TAN applications or requests to revise certificate rates are excluded from the relaxation and must be applied for afresh per the annexure procedure. en-us Thu, 09 Apr 2020 00:00:00 +0530 Thu, 07 Aug 2025 10:33:00 +0530 TaxTMI RSS Generator Clarification on orders dated 31.03.2020 and 03.04.2020 issued under Section 119 of the Income-Tax Act, 1961 (the Act) by CBDT vide F. No. 275/25/2020-IT(B) regarding issuance of certificate for lower rate/nil deduction/collection of TDS/TCS u/s. 195, 197 and 206C(9) of the Income-Tax Act, 1961 https://www.taxtmi.com/circulars?id=67115 Existing lower/nil deduction/collection certificates for F.Y. 2019 20 remain valid for their originally specified period and are additionally valid for the transitional period at the start of the following year subject to original order conditions; threshold limits assigned for 2019 20 apply unchanged for that transitional period. Electronic communications may be used for internal approval and issuance. New/different TAN applications or requests to revise certificate rates are excluded from the relaxation and must be applied for afresh per the annexure procedure. Circulars Income Tax Thu, 09 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67115