Tuesday, 25 December 2018

NRI taxpayers allowed manual filing for nil TDS certificate

The income tax department on Monday allowed manual filing of form by resident and NRI taxpayers wanting to apply for deduction of taxes at a lower or nil rate on total income.

The Income Tax Act, 1961, provides that if a taxpayer considers that her total income warrants deduction of income tax at lower/ nil rate, she may apply to the assessing officer (AO) requesting for lower withholding certificate.

Full report here

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