Certificates-Section 395(New)/Section 192(2C), 195, 197, 203, 206C(9)(old)

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.... Certificate for Lower or Nil Deduction of Tax read with Rule 210 Section 395(1) enables a payee to obtain a certificate authorising deduction of tax at a lower rate or without deduction of tax, where the estimated tax liability justifies such relief. Clause (a): Application by the Payee The payee may make an application to the Assessing Officer for deduction of tax- • at a....

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.... to section 393(2). Clause (a): Application by the Payer Where the payer considers that only a portion of the sum payable to the non-resident is chargeable to tax, an application may be made to the Assessing Officer in the prescribed form{Form 129} and manner. Clause (b): Determination by the Assessing Officer The Assessing Officer shall determine the appropriate proportion of the sum ....

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....x shall collect tax at the rate specified in the certificate until its validity expires. Section 395(4) - Issue of TDS/TCS Certificates read with Rules 215 and 219 Every person deducting or collecting tax shall issue a certificate to the deductee or collectee, as the case may be, within the prescribed time and containing the prescribed particulars. In the case of tax paid by the employer ....