Form 13 for lower tds deduction
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 April 2013
Hi,
Our company has booked loss for last FY 2011-12, for FY 2012-13 also booked loss,
But still audit is not closed,
Whehter we can apply Form 13 under sections 197 of income tax act.
Whether the company is eligible to apply for TDS lower deduction
Our company has booked loss for last FY 2011-12, for FY 2012-13 also booked loss,
But still audit is not closed,
Whehter we can apply Form 13 under sections 197 of income tax act.
Whether the company is eligible to apply for TDS lower deduction
11 June 2013
If there is no profit then you can file the said form for lower or NIL deduction. The application is to be made to the ITO TDS having jurisdiction over the case.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- ITDS U/S.194T of Firm
- NRI starting business in India
- Unregistered suppliers utility
- Eway bill not cancelled within 24 hous what can be due
- EXPORT COMMERCIAL INVOICE HSN CODE
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Capital gain on sale and purchase of plot
- Non-Compliance documents have not been submitted by the contractors debited
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
