Format pack, 2 formats · FV04-E9

Lower and Nil Deduction

Two routes and only two: a certificate from the Assessing Officer in Form 128 , which anyone may seek, and a self-declaration in Form 121 , which only a resident non-company non-firm with no tax liability may give.

Length
6 pages
Blanks to fill
156
Files
Word and PDF
Law stated to
13 September 2026

The 2 formats inside

  1. 1Covering letter for an application in Form 128 for a certificate of lower deduction under section 395, with the estimated income computation annexedon the firm's letterhead108 blanksOn its own₹149
  2. 2Form 121, covering note to the declarant and the deductor's register of declarationson the deductor's letterhead49 blanksOn its own₹149

Read the opening

The first part of “Covering letter for an application in Form 128 for a certificate of lower deduction under section 395, with the estimated income computation annexed”, as it downloads. Blanks are highlighted.

On the firm's letterhead, for the applicant

Date: [Date of the letter]

To,
The Assessing Officer (TDS)
[Ward / Circle]
[Assessing Officer (TDS): office address]

Applicant: [Applicant's name] PAN: [Applicant's PAN] Status: [Applicant's status (e.g. company, firm, individual)] Tax year: [2026-27]
Application in Form 128 filed on TRACES on: [Date Form 128 was filed on TRACES] Acknowledgement number: [Acknowledgement number of Form 128]

21 more paragraphs and tables follow in the full format.

More in Income Tax & TDS