Rule 134 under Income tax rules - Application under sub-section (20) of section 155 regarding credit of tax deduction at source inserted - Income-tax (Twentieth Amendment) Rules, 2023

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....-tax (Twentieth Amendment) Rules, 2023. (2) They shall come into force from the 1st day of October, 2023. 2. In the Income-tax Rules, 1962 (hereinafter referred to as the principal rules), after rule 133, the following rule shall be inserted, namely- "134. Application under sub-section (20) of section 155 regarding credit of tax deduction at source. -- (1) The application required to be made by the assessee under sub-section (20) of section 155 shall be in Form No. 71. (2) Form No. 71 shall be furnished to the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems) or the person authorised by the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (System....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....te 1) : (5) Whether the deductee is resident or non-resident? : (6a) Address of the person furnishing the application : (6b) PIN/ Zip Code of the person furnishing the application : (7) E-mail Id : (8) Mobile Number : (9) Relevant Assessment Year referred to in sub-section (20) of section 155 (see Note 2) : (10) Subsequent financial year referred to in sub-section (20) of section 155 : (11) Date on which return of income for relevant assessment year was furnished (dd/mm/yyyy) : (12) Details with reference to Relevant Assessment Year referred to in (9) : TABLE S. No. Total income/ deemed total income / loss of assessee returned in the relevant assessment year (See Note 3) Amount of Specified income* included in return of income....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... under section 139. c) I have not claimed credit for the tax deducted at source on the specified income claimed in Form No. 71 in any other assessment year and will not claim the same. d) I also declare that I am making application in my capacity as ……………………. of …………………… and I am also competent to make this application and verify it. Date: Signature: Place: Address: Note: 1. Information in Row no. (3) and (4) would be required where: (i) the successor entity is furnishing the Form for predecessor entity who is no longer in existence (ii) the Form is furnished by the legal heir of deceased person Separate Form must b....