TaxTMI 
TaxTMI 
Central Board of Direct Taxes hereby makes the following rules further to (Second Amendment) Rules, 2011 - Substitution of rule 28AA and Form No. 13 in Appendix II and amendment in rule 31A
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.... for rule 28AA, the following rule shall be substituted, namely:- "Certificate for deduction at lower rates or no deduction of tax from income other than dividends. 28AA. (1) Where the Assessing Officer, on an application made by a person under sub-rule (1) of rule 28 is satisfied that existing and estimated tax liability of a person justifies the deduction of tax at lower rate or no deduction of tax, as the case may be, the Assessing Officer shall issue a certificate in accordance with the provisions of sub-section (1) of section 197 for deduction of tax at such lower rate or no deduction of tax. (2) The existing and estimated liability referred to in sub-rule (1) shall be determined by the Assessing Officer after taking into consideration the following:- (i) tax payable on estimated income of the previous year relevant to the assessment year; (ii) tax payable on the assessed or returned income, as the case may be, of the last three previous years; (iii) existing liability under the Income-tax Act,1961 and Wealth-tax Act,1957; (iv) advance tax payment for the assessment year relevant to the previous year till the....
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.... is not applicable) authorising him not to deduct income-tax/to deduct income-tax at the rate of____________per cent at the time of payment to me of such income/sum. The particulars of my income and other details are as per para 2.and/or I,____________________________________________of__________________________________do, hereby, request that a certificate may be issued to the seller, being the person responsible for collecting the tax from me in respect of the amount payable by me as the buyer of_____________________________[specify the nature of goods referred to in the Table in sub-section (1) of section 206C]/lessee or licensee of _______________________________________________________[specify the nature of contract or licence or lease referred to in the Table in sub-section (1C) of section 206C] (Strike out whichever is not applicable) authorizing him to collect income-tax at the rate of____________________per cent at the time of debit of such amount to my account or receipt thereof from me, as the case may be. The particulars of my income and other details are as per para 2. 2. The particulars of my income and other details are as under : (i) Status (S....
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....ver receipt of business or profession Gross profit Net profit In rupees In percentage to amount stated in column (1) In rupees In percentage to amount stated in column (1) (1) (2) (3) (4) (5) (6) (ix) Details of existing liability under Income-tax Act, 1961 and Wealth-tax Act, 1957: Assessment Year/ period Liability under the Income-tax Act, 1961 Amount payable under the Wealth-tax Act, 1957 Amount payable in respect of advance-tax Amount payable for self-assessment tax Amount for which notice of demand under section 156 has been served but not paid. Amount payable as deductor or collector which had become due but not paid. (1) (2) (3) (4) (5) (6) (x) Assessment year to which the payments relate (xi) Estimated total income of the previous year relevant to the assessment year referred to in (x) above (give detailed computation and basis thereof) (xii) T....
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....nbsp; Signature Place________________ &....
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.... SCHEDULE V Sl. No. Name and address of the employer Period of employment Amount of salary received Income from house property Income from sources other than salary and income from house property Estimated total income (1) (2) (3) (4) (5) (6) (7) SCHEDULE VI Sl.No. Name and address of person responsible for paying rent Estimated amount of rent to be received (1) (2) (3) SCHEDULE VII Sl.No Name and address of the mutual fund No. of units Classes of units and face value of each unit Total face value of units Distinctive numbers of units Estimated amount of income to be received (1) (2) (3) (4) (5) (6) (7) SCHEDULE VIII Sl.No. Name and address of person responsible for paying commission (not being insurance commission referred to in section194D) or brokerage. Estimated amount of commission (not being insurance commission re....
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....p; (Signature) Place___________________ _________________ (Address) ANNEXURE II [For the purpose of tax collection at source] Please furnish particulars of the amounts payable in respect of which the certificate is sought in the schedules below:- SCHEDULE I Sl.No. Full name and address of the seller Date of sale with reference number of such sale Nature and description of the goods sold and details of sale Amounts expected to be debited/ paid in pursuance of the sale during the current financial year and each of the three immediately succeeding years. (1) (2) (3) (4) (5) SCHEDULE ....