Relaxation for Furnishing of UID in case of Form 15G/ 15H for certain quarters
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....existing provisions of section 197A of the Income-tax Act, 1961 ('the Act') inter alia provide that tax shall not be deducted, if the recipient of certain payment on which tax is deductible furnishes to the payer a self-declaration in Form No. 15G/ 15H in accordance with provisions of the said section. The manner of filing such declarations and the particulars have been laid down in Rule 2....
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....rsuance of the same, Pr. DGIT (Systems) has issued Notification No. 4/2015 dated 1st December, 2015 to notify the procedure, formats and standards. Sub-rule (3) of Rule 29C provides for allotment of Unique identification number to each declaration received in Form 15G/ 15G by the deductor. Further, sub-rule (5) of Rule 29C provides that the payer shall also furnish unique identification number al....
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