Rule 221 — Form for furnishing certificate of accountant under Section 398(2) for person responsible for deduction or collection of tax as per section 394(1)[Table: Sl. No. 1 to 5 and 9] not to be deemed to be an assessee in default:

Parent Act Section(s): Section 394, Section 398, Section 515

Full Text

Form for furnishing certificate of accountant under Section 398(2) for person responsible for deduction or collection of tax as per section 394(1)[Table: Sl. No. 1 to 5 and 9] not to be deemed to be an assessee in default:— (1) The certificate from an accountant, as defined in section 515(3)(b), under section 398(2) shall be furnished,— (a) in Form No. 149, for non-deduction or short deduction of tax; and (b) in Form no. 150, for non-collection or short collection of tax. (2) Form No. 149 or Form No. 150 referred to in sub-rule (1) shall be furnished to the Director General of Income-tax (Systems) or the person authorised by him.

[To be populated — interpretive notes, circular references, case law pointers]