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TMI BlogIncome–tax (Eleventh Amendment) Rules, 2018X X X X Extracts X X X X X X X X Extracts X X X X ..... tax Rules, 1962,- (I) for rule 28, the following rule shall be substituted, namely: - "Application for grant of certificates for deduction of income-tax at any lower rates or no deduction of income-tax. 28. (1) An application by a person for grant of a certificate for the deduction of income-tax at any lower rates or no deduction of income-tax, as the case may be, under sub-section (1) of section 197 shall be made in Form No. 13 electronically, - (i) under digital signature; or (ii) through electronic verification code. (2) The Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems), as the case may be, shall lay down procedures, formats and standards for ensuring secure capture and transmiss ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r deduction of tax at lower rate. (5) The certificates referred to in sub-rule (4) shall be valid only with regard to the person responsible for deducting the tax and named therein and certificate referred to in proviso to the sub-rule (4) shall be valid with regard to the person who made an application for issue of such certificate. (6) The Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems), as the case may be, shall lay down procedures, formats and standards for issuance of certificates under sub-rule (4) and proviso thereto and the Principal Director General of Income-tax (Systems) or the Director General of Income-tax (Systems) shall also be responsible for evolving and implementing appr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mated tax liability of a person justifies the collection of tax at lower rate, the Assessing Officer shall issue a certificate in accordance with the provisions of sub-section (9) of section 206C for collection of tax at such lower rate; (1A) The existing and estimated tax liability referred to in sub-rule (1) shall be determined by the Assessing Officer after taking into consideration the following, namely:- (i) tax payable on estimated income of the previous year relevant to the assessment year; (ii) tax payable on the assessed or returned or estimated income, as the case may be, of the last four previous years; (iii) existing liability under the Act and the Wealth-tax Act, 1957 (27 of 1957); (iv) advance tax payment, tax deducted at ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... __________________do, hereby, request that a certificate may be issued to me for receiving the incomes/sum:- (i) after deduction of income-tax at lower rate as I do not have the details of the person making payments and their number is likely to exceed______. (ii) without deduction of income-tax as this application is made for the person/entity specified in rule 28AB. The details are specified in Annexure-II. and/or I,____________________________________________ of _______________________ do, hereby, request that a certificate may be issued to the Seller/Lessor/Licensor, authorising him to collect income-tax at lower rate at the time of debit of such amount to my account or receipt thereof from me, as the case may be. The details are ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d Advance Tax TDS TCS (xii) whether exemption under section 10, section 11 or section 12 is claimed (Yes/No) (If Yes, please upload registration/exemption certificate/approval, if any, issued by the Income-tax Authority) (xiii) Where return of income for any of the four previous year preceding to the previous year referred to in (vii) has not been filed, please upload a computation of estimated total income of the previous year for which return of income has not been filed. (xiv) Where return of income for any of the four previous year has been filed in paper form, please upload the copy of such returns. I, _____________ do hereby declare that to the best of my knowledge and belief what is stated above is correct, complete and truly ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n respect of amount payable for which the certificate is sought Sl.No. Tax deduction and collection account number (TAN) or Permanent account number (PAN) of the Seller/Lessor/Licensor Sub-section under which tax at source is to be collected [Please specify as per table given below the subsection( s)] Estimated amount to be debited/paid Requested rate of collection (1) (2) (3) (4) (5) Date: Signature Place: Address". [F. No. 370142/10/2018-TPL] Dr. T. S. MAPWAL, Under Secy. (Tax Policy and Legislation) Note : The Principal Rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide notification number S.O. 969(E), dated the 26th of March, 1962 and were last amended vide notification ..... X X X X Extracts X X X X X X X X Extracts X X X X
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