Lower Tax Deduction Certificate For Tds Form 13

Written by: CHETNAA GOYAL Posted on: 18 February, 2025

Quotation for Obtaining a Lower Tax Deduction Certificate (LDC)

We are pleased to provide you with our quotation for assisting in obtaining a Lower Tax Deduction Certificate (LDC) under Section 197 to minimize excess TDS deductions. Below are the details of our service:

Scope of Service:

  • Assistance in filing Form 13 for LDC.
  • Guidance on documentation and eligibility assessment.
  • Liaison with the Income Tax Department.
  • Follow-up for timely issuance of the certificate.

Charges:

  • Service Fee: ₹20,000/- ( Inclusive of all taxes )
  • Exclusions: The above charges do not include any departmental expenses, if applicable.

Documents Required:

  1. Estimated income during the financial year.
  2. Tax Deduction Account Number (TAN) of parties making payments.
  3. PAN card copy of the applicant.
  4. Computation of income for the last three financial years.
  5. Copies of Income Tax Returns with enclosures and acknowledgment for the last three financial years.
  6. Financial statements and audit reports for the last three financial years (if applicable).
  7. Projected profit and loss account for the current financial year.

Processing Time:

  • The certificate is typically issued within 5-6 weeks, provided that the Assessing Officer is satisfied with the details and supporting documents.

Should you require any further clarification, feel free to reach out. We look forward to assisting you.

 

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