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    <title>Declarations and Evidence for TDS/TCS Relief - Rule 208,211,212 (New) / Rule 26D, 29C &amp; 37C (Old)</title>
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    <description>Rules 208, 211 and 212 establish declaration, evidence, preservation and reporting requirements for TDS and TCS relief. A specified senior citizen may furnish Form No. 125 to a specified bank, which must compute income after allowable deductions and rebate, based on supporting evidence. Form No. 121 declarations require unique identification and quarterly TDS reporting, including where no tax is deducted, with preservation for verification. Form No. 127 supports non-collection of tax where goods are intended for manufacturing, processing or production rather than trading.</description>
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    <pubDate>Tue, 14 May 2024 10:25:00 +0530</pubDate>
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      <title>Declarations and Evidence for TDS/TCS Relief - Rule 208,211,212 (New) / Rule 26D, 29C &amp; 37C (Old)</title>
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      <description>Rules 208, 211 and 212 establish declaration, evidence, preservation and reporting requirements for TDS and TCS relief. A specified senior citizen may furnish Form No. 125 to a specified bank, which must compute income after allowable deductions and rebate, based on supporting evidence. Form No. 121 declarations require unique identification and quarterly TDS reporting, including where no tax is deducted, with preservation for verification. Form No. 127 supports non-collection of tax where goods are intended for manufacturing, processing or production rather than trading.</description>
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