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Can a loss making co apply for lower tds deduction

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(Querist)
26 August 2011 Dear All,
I have one query. One of our client is a loss making co, although the TDS deducted by their customers is huge appx 3 crs. Please let me know whether the co can apply for the Lower deduction of TDS certificate. Also let me know the procedure for the same

Regards
Thanks In Advance

Hitesh Khona
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
26 August 2011 Yes it can apply in form no. 13 for lower deuction.
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HITESH KHONA

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HITESH KHONA (Querist)
26 August 2011 Ok. Thanks a Lot
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