https://www.taxtmi.com/acts?id=53603 A payee entitled to receive specified interest or other sums may apply in Form No. 126 for a certificate under section 395(1) authorising receipt without deduction of tax. The rule applies to a non-domestic banking company or insurer operating through an Indian branch, and to other persons carrying on business or profession in India through a branch, subject to conditions relating to regular income-tax assessment, timely return filing, absence of tax default, continuity of business, and a specified fixed-asset threshold. The certificate is valid for the stated tax year unless earlier cancelled, and a fresh application may be made after expiry or within three months before expiry. en-us Sat, 21 Mar 2026 09:41:09 +0530 Tue, 07 Apr 2026 18:14:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53603 A payee entitled to receive specified interest or other sums may apply in Form No. 126 for a certificate under section 395(1) authorising receipt without deduction of tax. The rule applies to a non-domestic banking company or insurer operating through an Indian branch, and to other persons carrying on business or profession in India through a branch, subject to conditions relating to regular income-tax assessment, timely return filing, absence of tax default, continuity of business, and a specified fixed-asset threshold. The certificate is valid for the stated tax year unless earlier cancelled, and a fresh application may be made after expiry or within three months before expiry. Act-Rules Income Tax Sat, 21 Mar 2026 09:41:09 +0530 https://www.taxtmi.com/acts?id=53603