Hello,
We have been getting our payments after the TDS deductions from clients. However when we closed last year accounts also, we booked losses and so is this year. Our Accountant tells that once we submit all the TDS certificates and after filing our returns, this would be refunded by the department.
Is there a possibility (which i've seen in some other cases) to get a certificate from the department for a zero TDS deduction / a minimal TDS deduction?
If so, what should we do to gain this ?
Thanks in advance!