Tax deduction at source.

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..... (d) such persons or category of persons as may be notified by the Government on the recommendations of the Council, (hereafter in this section referred to as the deductor ), to deduct tax at the rate of one per cent. from the payment made or credited to the supplier (hereafter in this section referred to as the deductee ) of taxable goods or services or both, where the total value of such .....

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..... at source shall be issued in such form and in such manner as may be prescribed. ] 2 [ **** ] (5) The deductee shall claim credit, in his electronic cash ledger, of the tax deducted and reflected in the return of the deductor furnished under sub-section (3) of section 39, in such manner as may be prescribed. (6) If any deductor fails to pay to the Government the amount deducted as tax .....

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..... deductee a certificate mentioning therein the contract value, rate of deduction, amount deducted, amount paid to the Government and such other particulars in such manner as may be prescribed. 2. Omitted vide Finance Act, 2020 dated 27-03-2020 w.e.f. 01-01-2021 before it was read as (4) If any deductor fails to furnish to the deductee the certificate, after deducting the tax at source, .....

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