Name of the Organization : Income Tax Department (incometaxbangalore.in)
Type of Facility : Online Application For Lower TDS Certificate U/S 197
Location : Bangalore
Website : incometaxbengaluru.in
Online application for lower TDS certificate U/S 197 :
Please read the instructions for filling different section of the online form carefully before proceeding to the next section :
1. Applicant Details :
1.1 Name : Name as per your PAN/TAN
1.2 PAN
1.3 Jurisdictional Assessing Officer details as per last Income Tax Return. Fields to be filled are Range, Circle/Ward and AO number.
1.4 Details regarding Nature of business/income earning activity are to be provided in free text field.
2. Contact person (responsible for TDS) details :
2.1 These details will be used in case any information/ documents are required for processing the application. Intimation of sending lower deduction certificate to deductors will be sent to the contact person’s email id.
3. Income/Tax payment details :
3.1 Details of last three years income and projection for current year to be provided.
3.2 Tax payment details for last 3 years to be filled.
3.3 Details of tax already deducted / paid for current FY to be filled.
3.4 Details of demand outstanding before any Income Tax authority to be provided here giving details of AY, amount , section and current status(whether any stay granted).
3.5 Particulars of default as reported in column 27 of tax audit report (Form No. 3CD) for last three years to be provided. Reasons for the default and corrective action taken should also be mentioned.
3.6 Details of pending scrutiny assessment or penalty proceedings to be provided.
3.7 Details of receipt/utilization/accumulation for last 10 years to be provided if the applicant is a person referred to in Rule 28AB(1)
4. TAN details (NA to be filled if not applicable) :
4.1 TAN
4.2 Forms which are applicable to the applicant should be selected using radio button and corresponding details to be filled.
5. Details of Cumulative Tax likely to be foregone by issue of certificate to be filled :
5.1 Section : Section of the Income Tax Act under which the receipt is covered for TDS.
5.2 Projected amount : Cumulative amount of projected receipt under this section.
5.3 No. of parties : No. of parties from whom the receipt is expected.
5.4 Normal rate of TDS : Rate of TDS applicable as per Income Tax Act if no certificate is issued.
5.5 Lower rate requested : Rate at which lower deduction certificate is requested for receipts covered under this section.
5.6 Tax Foregone : Auto filled.
5.7 Total Tax foregone as per certificate proposed : Auto filled.
5.8 Tax foregone as per certificate, if any issued earlier during Financial Year : to be filled if certificate for lower deduction issued earlier for the same financial year.
5.9 Cumulative tax foregone : Auto filled.
6. Deductor wise details with respect to payments for which certificate is sought to be provided. Application provides facility of providing details by two modes :
a. Enter data through Excel : Download Excel file using the link provided. Fill the details in the format provided in excel sheet. Import the file after filing Excel sheet and upload. This functionality is helpful when number of parties for whom certificate is sought is very large.
b. Manual entry of details as per format provided.
6.1 Name : Name of the deductor from whom payment is expected. Name should be same as appearing in TAN allotment letter.
6.2 TAN
6.3 Address : Current correspondence address of the deductor.
6.4 Email : Email ID of the deductor. Digitally signed certificate will be sent on this email.
6.5 Receipt amount : Expected receipt amount to be filled.
6.6 TDS Section under which receipt is covered to be selected from dropdown button.
7. Attachments : Only authenticated/signed copy of documents should be attached/sent. All attachments should be in .pdf format only.
7.1 S.NO.1 : Form 13: Scanned copy of duly filled Form-13 has to be uploaded in .pdf file format and original signed copy should sent to the following address after superscribing the envelop as “FORM-13, FY- ____, Reference No: _______” : O/o The Commissioner of Income Tax (TDS), 4th Floor, HMT Bhavan, NO. 59, Bellary Road, Bangalore-560032
7.2 S. Documents to be attached for relevant AY to be attached in PDF format
1. ITR-V/Acknowledgement of filing Income Tax return for relevant financial years to be attached.
2. Computation of Income for relevant financial years.
3. Balance Sheet and Profit and Loss Account for relevant financial years with all Schedules/Annexures.
4. Audit report in Form-3CD/3CA-3CB/10B ( Whichever is applicable) for relevant financial years.
For any queries or doubts please feel free to mail us at ittds197@zoominsoftech.com