Form 13 for lower deduction of tds

This query is : Resolved

ANJALI (Querist)
Follow

14 January 2015 dear sir,

plese let me know the procedure for filing form 13 for lower deduction of tds.
who can file it ???
details to be filed ??? etc

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

14 January 2015 http://www.charteredclub.com/income-tax-form-13-for-applying-for-nillower-deduction-of-tds/

http://incometaxbangalore.in/tds/

http://www.incometaxindiapr.gov.in/incometaxindiacr/contents/Forms/13.pdf

ANJALI

ANJALI (Querist)
Follow

14 January 2015 In case of purchase of property from NRI who can make application in form 13 Buyer or an NRI seller ??

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

14 January 2015 Even there is no capital gain at all in the transaction or the tax payable on capital gain is less that the TDS deducted, then the payer (buyer) can approach the assessing officer and get a certificate of lower or nil deduction of TDS. This is provided in subsection (2) of Section 195. Alternatively, u/s 195(3), payee (the NRI seller) also can approach the AO and get the certificate.

refer this link the above mentioned here :

http://www.succinctfp.com/index.php/how-to-deal-with-tds-while-buying-immovable-properties-from-nris/

ANJALI

ANJALI (Querist)
Follow

14 January 2015 If there are more than 1 buyer then how the application can be made???
Is it required to be made by both buyers ??

Are there any details to be submitted manually if online form 13 is submitted ???

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

14 January 2015 1.then seperately each buyer should apply.

2.No

Message likes : 1 times

ANJALI

ANJALI (Querist)
Follow

15 January 2015 If buyer submit the form 13 manually then the details to be provided for the last 3 assessment years about income , is to be provided of an NRI seller or buyer ???

Rupesh Jain

Rupesh Jain (Expert)
Follow

17 January 2015 income as you file the return under your PAN.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Murugan

venkatesh c

PRAVIN S PANISHETTI

Suneel Shah

Samyak Jain

Subscribe Now

Form 13 for lower deduction of tds

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

Article Assistant

Accountant

GST CONSULTANCY

CA Final

GST CONSULTANT