How Many Days taking for get a Nil TDS certificate


Welcome to imaster Blog +91 95000 83333 For Nil TDS certificate consultants in Chennai

How many days it takes to get a Nil TDS certificate? The application process is straightforward and can be completed online. AOs process the applications in a reasonable amount of time and have internal guidelines for completing the processes. The AO processes the application within 30 days. After that, the commissioner reviews the application and makes any necessary suggestions. If the applicant meets all the requirements, the certificate will be issued in a few days.

 

To apply for a lower TDS certificate, the buyer must fill Form 13 and submit it to the Assessing Officer. This application must be filed within 30 days of the date of payment. In general, it takes around two to three days to get a Nil TDS certificate. Filing Form 49B with the Income Tax Department will result in a TDS certificate within a week. The timeframe for processing the application will vary depending on the facts of the case.

 

Applicants who are non-residents with long-term capital gains must apply for a lower TDS deduction certificate. Unlike residents who pay a flat 20 per cent TDS rate on their entire consideration, non-residents must pay a lower rate of tax. To apply for a lower or Nil TDS certificate, applicants must complete Form 13 on the Traces portal and provide digital signature and e-verification to the income tax authority. Once approved, the certificate is valid for a financial year and can be revoked by the assessing officer.

Contact imaster for Nil TDS certificate consultants in Chennai +91 95000 83333

 

 

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