CBDT amends Income Tax Rules in case of Refund for Denying TDS Liability: Notifies Form No. 29D [Read Notification]
![CBDT amends Income Tax Rules in case of Refund for Denying TDS Liability: Notifies Form No. 29D [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/08/CBDT-Income-Tax-Rules-Refund-TDS-Liability-Form-No.-29D-taxscan.jpg "CBDT amends Income Tax Rules in case of Refund for Denying TDS Liability: Notifies Form No. 29D [Read Notification]")
The Central Board of Direct Taxes (CBDT) has notified the rules relating to the refund for denying the TDS liability under section 239A of the Income Tax Act, 1961 and have inserted a new Form No. 29D under rule 40G of the Income Tax Rules, 1962. As per the notification, the Board has inserted the rules to specify that the refund claim under section 239A, a claim for refund under section...
The Central Board of Direct Taxes (CBDT) has notified the rules relating to the refund for denying the TDS liability under section 239A of the Income Tax Act, 1961 and have inserted a new Form No. 29D under rule 40G of the Income Tax Rules, 1962.
As per the notification, the Board has inserted the rules to specify that the refund claim under section 239A, a claim for refund under section 239A shall be made in Form No. 29D. The claim under sub-rule (1) shall be accompanied by a copy of an agreement or other arrangement referred to in section 239A. (3) The claim under sub-rule (1) may be presented by the claimant himself or through a duly authorized agent.”; (II) in rule 41, in sub-rule (1), after the words and figures “under Chapter XIX” the brackets, words and figures “(other than under section 239A)” shall be inserted.”
In the principal rules, in Appendix-II, after Form No. 29C, the following Form shall be inserted.
To Read the full text of the Notification CLICK HERE
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