DEDUCTION AT LOWER RATES
Sec. 197, Rule 28, 28AA & 29]
Application under Sec 197(1) by a person (recipient of income) to the Assessing Officer for no deduction or deduction at lower rate of income-tax from payments of Salary (Sec 192), Interest on securities (Sec. 193), Dividend (Sec 194), Contractor or a sub-contractor payments (Sec 194C), Insurance commission (Sec 194D), Commission etc., on the sale of lottery tickets (Sec 194G),Commission or Brokerage (
Form No. 13
2. Certificate will not be issued if PAN is not furnished in the application. The applicant is required to furnish the TAN of deductor from whom payment is receivable.