income tax at lower rate

Where the Assessing Officer, on an application made by a person under sub-rule (1) of rule 28 is satisfied that existing and estimated inome tax (IT) liability of a person justifies the deduction of income tax at lower rate or no deduction of tax, as the case may be, the Assessing Officer shall issue a certificate in accordance with the provisions of sub-section (1) of section … [Read more...] about Income tax at lower rate or no deduction of tax certificate