The commission I earn, is subject to TDS which is huge and I have to claim refunds always ? Is there way out?
September 17, 2006 by taxworry · Leave a Comment
Yes , You can apply to the A.O in Form 13 given in IT Rule 28 stating that you may either be exempt from TDS or TDS should be at a rate lower than the prescribed rate. For this you will have to attach the estimated income of last years to make your point.
Remember , The CBDT has delegated the power to either exempt you from TDS or lower rate to A.O of TDS wings. So where ever you are get in touch with the A.O having jurisdiction over you for such facility.
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