Too much TDS blocking your cash flow? We apply for a Lower Deduction Certificate under Section 197 so tax is deducted at a reduced rate.
When TDS on your receipts is higher than your actual tax liability, cash gets locked up until you claim a refund. A Lower Deduction Certificate under Section 197 (applied in Form 13) directs your payers to deduct TDS at a reduced or nil rate — freeing up working capital.
This is especially valuable for NRIs selling property, contractors, and low-margin businesses. Govyapar builds the projection, files Form 13, and obtains the certificate.
Your Form 13 is prepared, filed and followed up by a Chartered Accountant.
We estimate your actual liability.
Application submitted with support.
We follow up for the certificate.
Payers deduct at the lower rate.
Anyone whose TDS is far higher than their real tax — NRIs selling property, contractors, and thin-margin businesses especially.
Typically for the financial year specified. A fresh application is needed each year — we remind and renew.
It can be nil or reduced depending on your projected liability and the officer’s assessment. We build a strong case.