Now request for nil or lower TDS deduction for property and other transactions via this new form as per Income Tax Act, 2025; See what’s changed

The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on property and other transactions. This form replaces the older Form 13, with some changes in required documentation. While the purpose remains the same, the new form streamlines the process for obtaining TDS certificates.

from Tax-Wealth-Economic Times https://ift.tt/waSl5Mu