CBDT has notified procedure, format and standards for filling an application for grant of certificate under sub-rule (4) and its proviso of Rule 28AA of Income Tax Rules, 1962 (“the Rules”) for deduction of Income tax at any lower rate or no deduction of Income-tax under sub-section (1) of section 197 of the Income-tax Act, 1961 (“the Act”).
Tax-Update_New-e-form-13-for-lower-deduction-certificate