Form 128: New Declaration Form for Applying Lower or Nil Tax Deduction

, Last updated: 24 April 2026 Share Follow on Google News

Millions of taxpayers across India have excess tax deducted at source (TDS) from their income - whether from salary, rent, interest, professional fees, or property transactions. The usual solution was to file an ITR and wait months for a refund. A smarter route has always been to apply for a lower o

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About the Author

Poojitha Raam Vinay

Practice

I simplify complex income tax, TDS, banking, and investment updates into practical insights for taxpayers, salaried professionals, pensioners, and senior citizens. I regularly write on ITR filing, tax compliance, savings schemes, and the latest financial rule changes in India.

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