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Jul 10, 2021 · Learn how to apply for a Section 197 certificate to reduce or exempt TDS on various income sources under the Income Tax Act, 1961. Find out the eligibility, procedure, validity and extract of Section 197.
A Section 197 certificate, granting reduced or zero Tax Deduction at Source (TDS), typically lapses within the fiscal year of its issuance. Validity extends from the date of issuance until March 31st, the conclusion of the Indian financial year.
197 is the smallest prime number that is the sum of 7 consecutive primes: 17 + 19 + 23 + 29 + 31 + 37 + 41, and is the sum of the first twelve prime numbers: 2 + 3 + 5 + 7 + 11 + 13 + 17 + 19 + 23 + 29 + 31 + 37.
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Circular No. 197/09/2023- GST. Circular Category: CGST. Circular Year: 2023. The genesis of the introduction of GST in the country was laid down in the historic Budget Speech of 28th February 2006, wherein the then Finance Minister laid down 1st April, 2010 as the date for the introduction of GST in the country.
Jun 4, 2024 · The Section 197 Certificate, often called the Lower Deduction Certificate (LDC), is a significant provision under the Income Tax Act. It enables taxpayers to benefit from a Nil or reduced Rate of Tax Deducted at Source (TDS) on their income.
Table of 197. The values when 197 is multiplied by a sequence of successive natural integers are represented in the table of 197. These numbers are also known as 197 multiples. The table of 197 can be obtained by adding the original number to itself several times.
Feb 16, 2023 · Last updated on February 16th, 2023. TRACES is the online portal for filing TDS Returns, correction of TDS Returns and downloading TDS documents. Section 197 of the Income Tax Act provides the benefit to deduct tax at nil rate or lower rate.
