Lower TDS Certificate: Form 13
What is Form 13?#
Application for lower TDS rate.
When to Apply?#
- Estimated tax liability is low
- Multiple income sources
- Claims deductions
Process#
- Estimate annual income
- Calculate expected tax
- Apply to AO
- Get certificate
- Submit to deductor
Validity#
- Up to 3 years
- Specific to deductor
Conclusion#
Lower TDS certificate reduces tax deduction.