How To Find Lower deduction Certificate Services for Individual in Chennai


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How To Find Lower Deduction Certificate Services for Individuals in Chennai?

If you have a business in Chennai, you can also find a lower deduction certificate service here. However, it is necessary to get a higher deduction certificate first. Similarly, there are differences between the two. A lower deduction certificate is more advantageous to an individual since it reduces their tax liability. A higher deduction certificate is more valuable to a business, and vice versa.

 

An applicant can apply for a lower deduction certificate if their income is less than the amount that must be deducted by the government. If they qualify, they will get a lower rate of taxation. For this, they must submit their Form 13 application to an AO. The AO will then review the application and issue it. Once approved, an individual can claim the lower rate of taxation.

 

To apply for a lower TDS certificate, an individual must live in India for one year in the last four years. This person can be an NRI or an Indian citizen. If the individual is a PIO, they must be a citizen of the country they are purchasing a property in. The CIO must be the individual who owns the property. Moreover, the CIO must be a resident of India.

Contact FilingPoint for Lower deduction services consultants in Chennai +91 72999 72500

 

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