Nil/lower TDS/TCS certificate for FY 2020-21 : CBDT relaxation

By | March 31, 2020
(Last Updated On: March 31, 2020)

Considering the constraints of officers in disposing application for nil/lower TDS/TCS, the CBDT has clarified that payees can deduct tax as per their existing certificates upto June 30, 2020 for the Financial Year 2020-21 until their application is disposed by the AO. All other payees can apply for nil/lower deduction of tax certificate via email and certificate will also be issued via email.

F.NO.275/25/2020-IT(b) Dated 31.03.2020

Subject: Order u/s 11 9 of The II1 (‘ol1lc Tax Act, 1961 on issuc of certificates for lower rate/nil deduction/collection of TDS or TCS u/s 195, 197 and 206C (9) – reg-

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