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No Deduction Certificate - Form 13

TDS / TCS 2581 views 6 replies

My client works on contract basis and in professional nature. The contractee deducts tax at source @ 10.3%. But taxable income of the client seems to be less than the minimum taxable income limit. Hence decided to file Form 13 (claiming for no deduction certificate) with the AO.

The question is can the Form 13 alongwith estimated calculation of income be filed before start of the financial year? [Ex: for Fin.yr. 2008-09, can Form 13 be filed in the current year itself] or else wait for start of the concerned financial year?

Replies (6)
According to me, the Certificate in Form No.15AA could be issued upto the period which it is stated in the Form. However, in the case of Form No.13, the actual period commences from 1st of April of each year only. Hence Form No.13, could be filed only after the commencement of the financial year. However, it is upto the discretion of the Officer to issue the Certificate for the period that he may think deem fit.
Need more replies to understand it more clearly..
Thanks Mr. Muralidharan
Need more replies from experts.

Pls Send me the File

i want formate of work contract tax deducted certificate fomate (xxxx)


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