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  • Form 402 (see Rule 40(1)(b)) Certificate Of Tax Deduction At Source To Be Given To The Dealer Under

Get Form 402 (see Rule 40(1)(b)) Certificate Of Tax Deduction At Source To Be Given To The Dealer Under

FORM 402 (See rule 40(1)(b)) Certificate of tax deduction at source to be given to the dealer under sub-section (7) of section 31 of the Maharashtra Value Added Tax Act, 2002 ?Dated: - Certificate.

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A TDS certificate is a document that validates TDS deduction. A deductee can use this document to claim the tax credit and get a tax refund from the Government (if any). The TDS certificate is issued to a deductee by a deductor. TDS certificates are issued as Form 16 and Form 16A.

How can I get a TDS certificate under section 197? An application for Nil/ Lower deduction of TDS is required to be filed in Form 13 to the Income Tax Officer, and the tax officer on being satisfied that lower deduction of TDS is justified shall issue a certificate for the same under Section 197.

TDS or Tax Deduction at Source refers to a tax collection methodology under income tax law. Any person who is required to deduct tax at source and has deducted TDS must issue a TDS certificate. TDS certificate helps the assessee to claim the applicable tax credit, along with the applicable refunds.

TDS full form is Tax Deducted at Source. Under this mechanism, if a person (deductor) is liable to make payment to any other person (deductee) will deduct tax at source and transfer the balance to the deductee. The TDS amount deducted will be remitted to the Central Government.

Form 13, under section 197, is a document that allows you to claim lower or non-deduction of tax at source (TDS) from your income. If you have a valid reason to believe that your tax liability for the year is lower than the TDS deducted by your payer, you can apply for Form 13 to the income tax officer.

In case of certain prescribed payments (e. g. interest, commission, brokerage, rent, etc.) the person making payment is required to deduct tax at source (TDS) at prescribe rate. Payer is known as deductor and the payee, who receives the net payment is called the deductee.

How to get a TDS certificate online? The deductor must log into the TDS Reconciliation Analysis and Correction Enabling System (TRACES) by clicking here. Here, they have to go to the 'downloads' tab. Next, they can select the Form the deductor wishes to download (Form 16/16A).

The deduction is to be done for payment for carrying out any work(including supply of labour) in pursuance of a contract between the contractor and a specified person. The deduction is to be made at the following rates : (i) 1% where payment/credit is to an individual/HUF. (ii) 2% where recipient is any other person.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232