https://www.taxtmi.com/article/detailed?id=13212 An assessing officer may authorize deduction of tax at a lower rate or no deduction where the recipient's total income and estimated liabilities justify it; applicants must file the prescribed electronic form with detailed income, tax, exemption and supporting particulars and a justification note. The officer determines liability by considering estimated income, prior years' tax, outstanding liabilities and taxes already paid or deducted, and issues a certificate addressed to the deductor which remains valid for the specified period unless cancelled and applies only to the named deductor and applicant. en-us Mon, 16 Dec 2024 15:40:24 +0530 Mon, 16 Dec 2024 15:40:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13212 An assessing officer may authorize deduction of tax at a lower rate or no deduction where the recipient's total income and estimated liabilities justify it; applicants must file the prescribed electronic form with detailed income, tax, exemption and supporting particulars and a justification note. The officer determines liability by considering estimated income, prior years' tax, outstanding liabilities and taxes already paid or deducted, and issues a certificate addressed to the deductor which remains valid for the specified period unless cancelled and applies only to the named deductor and applicant. Articles Income Tax Mon, 16 Dec 2024 15:40:24 +0530 https://www.taxtmi.com/article/detailed?id=13212