TDS

This query is : Resolved

Darshil (Querist)
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11 June 2009 I am issuing bill for consultancy service and TDS @10% is deducted. What procedure should I follow for TDS to be deducted at lower rate?

chetan soni

chetan soni (Expert)
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12 June 2009 You need to make the application to commissioner of income tax at your jurisdiction to lower deduction of tds in prescribe format.

If commissioner of income tax also in the same opinion then he will issue you the certificate for the f.y.

Otherwise 10% deduction will be applicable for you always.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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12 June 2009 You may file an application in Form no 13 before the assessing officer and get a certificate from the AO. Submit the certificate to the deductor and he/they will deduct TDS at the rate mentioned in the said certificate.

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