Lower TDS certificate
Applying for a certificate for lower or nil deduction of tax at source, so cash is not blocked in refunds.
Who needs it
Businesses, professionals and non-residents whose payers deduct more tax than will finally be due.
Documents required
- Projected income for the year
- Previous returns and assessments
- Details of the payers and payments
When tax deducted at source will be far higher than your actual tax, you can apply under section 197 for a lower or nil deduction certificate. We prepare the projections, file Form 13 and follow up with the assessing officer.