What are the criteria to avail lower deduction of TDS & why
the lower TDS deduction certificate issued?

Answers were Sorted based on User's Feedback



What are the criteria to avail lower deduction of TDS & why the lower TDS deduction certificat..

Answer / avadhut

If any organisation comes in to the loss in the financial
year then the organisation can claim to the IT department
by filling form no.13 rule 28 & 37 G by presenting the
balance sheet of current year & provisional year for
assessing the tax liability for that year. Then the
assessment officer will issue the lower deduction of tax or
Nil certificate. organisation can issue this certificate to
the customer for non deduction tds from our bill or
receiving payment.

Is This Answer Correct ?    19 Yes 5 No

What are the criteria to avail lower deduction of TDS & why the lower TDS deduction certificat..

Answer / anju

not statisfactory answer.

Plz post the details answer.

Is This Answer Correct ?    12 Yes 3 No

What are the criteria to avail lower deduction of TDS & why the lower TDS deduction certificat..

Answer / sreena

INR 10 lakhs

Is This Answer Correct ?    12 Yes 14 No

Post New Answer

More Taxation Interview Questions

CAN TWO VECHILE PASS TO RAJASTAN FROM NASIK ON ON ROAD PERMIT

1 Answers  


What is Labour Cess? Pl. define. & what is rate of Labour cess.

1 Answers   Afcons, PWC,


Is tax audit compulsory for companies irrespective of their income?

2 Answers  


I am late for deposit the service tax about 120 days. the amount of S.T. is 48115 What is the Intrest on 48115.

5 Answers  


Why the goverment give tax reduction benifit when purchase and sales from one state to another state under 'C' form ?

1 Answers  


(1) what is TDS (2) what is the current Rate of TDS: (A) payment of contarctor/subcontractor (b) payment of professional charges (c) payment of rent (d) salary

6 Answers  


What is the last date of depositing tds deducted on 31st of march.

6 Answers  


I am paying LIP to my daughter Rs 12500 per annum since 5 years. last year she got married. Pl advice me whether I can add her LIP payment to my savings to get Tax benifit

1 Answers  


Correct Journal Entry of PF & ESI

1 Answers   SSC,


How to calculate TDS on advertisement?Any one show me one example?.

4 Answers  


If I sale old fixed assets then what will be its entry passed. In loss as well as in Profit condition. Plz. advised me with example.

2 Answers  


Contractor Limit of TDS Deduction is Rs. 30,000/-, After limit if I receive another 10,000 amount bill then I have to deduct TDS on total 40,000 or only on 10000/-. Pls advise

2 Answers  


Categories