TCS

CBDT Clarifies on Certificates for Collection of TDS, TCS

With regard to the issue of the validity period of lower/nil deduction/collection certificates of Financial Year 2019-20, CBDT stated, "For the purpose of Para 2 (a) and 2 (b) of the order dated March 31, the lower/nil deduction/ collection certificates will be valid for the particular period for which these were issued for FY 2019-20 and also for further period from April 1 to June 30 for FY 2020-21 subject to conditions as mentioned in the order dated March 31.