What is the Time Limit for Issue of TDS Certificate u/s Sec. 197A ?


time limit for issue of TDS certificateSection 197 of the Income Tax Act provides that if a taxpayer produces a certificate of lower tax deduction or Nil tax deduction issued by the assessing officer in the prescribed form to the payer , the payer shall not deduct the tax or deduct the tax at the rate specified in such a certificate. Similarly , the deductor and deductee apply for TDS certificate of lower tax or NIL tax u/s 195 that applies to cases of payments to non-residents . It means that a deductee needs to file an application u/s 197 in prescribed form to his/its A.O (TDS). However, the question is – whether there is any time limitation set under Income Tax Act or Income Tax Rule?

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