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  • 'form No. 13 See Rules 28 And 37g Application By A Person For A ...

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'FORM NO. 13 See rules 28 and 37G Application by a person for a certificate under sections 197 and or 2G6C(9) of the Income-tax Act, 1961, for no *deduction/collection of tax or *deduction/collection.

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How to fill out the 'FORM NO. 13 See Rules 28 And 37G Application By A Person For A ... online

This guide provides step-by-step instructions to assist users in completing the 'FORM NO. 13' application for a certificate under the Income-tax Act, 1961. Understanding each section and its requirements will simplify the online filing process.

Follow the steps to fill out the form correctly.

  1. Click ‘Get Form’ button to access the form in the online editor.
  2. Begin by filling in your personal details in the opening section, including your name and address. Clearly state whether this application is for tax deduction or collection.
  3. Provide details about your income in the section labeled 'Particulars of my income/other relevant details.' This includes your status, residential status, Permanent Account Number, assessment year, and estimated total income.
  4. Complete the financial details regarding tax liability, average rate of tax, prior assessments, and advance tax already paid.
  5. Fill out the Annexures appropriately based on whether you are applying for no deduction/collection of tax or at a lower rate. Include all relevant details in the provided schedules.
  6. Review your entries thoroughly to ensure accuracy and completeness. Confirm that all necessary fields are filled out.
  7. Once you are satisfied with the information provided, proceed to save changes to the form. You may also download, print, or share the completed document as required.

Complete your documents online today for a streamlined filing experience.

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Under Section 197, you should amortize all acquired intangible assets over 180 months, or 15 years, regardless of the asset's useful life. Amortization of Section 197 assets is done on a straight-line basis. This means that each year for 15 years, you will deduct 1/15th of the acquisition cost of that amortized asset.

In this regard, Section 195 of the Income-tax Act, 1961 specifies the TDS provision in the case of an individual making a payment by way of interest or any other amount other than salary to an NRI or a foreign company. Non-resident Indians (NRIs) also need to file their tax returns for the income earned in India.

Section 197 of Income Tax Act allows Nil or lower TDS rates through Form No 13. Application through TRACES portal with required documents; AO considers previous income filings and tax payments. Certificate issued if estimated tax is minimal.

In the case of any section 197 intangible which is a covenant not to compete (or other arrangement) described in subsection (d)(1)(E), in no event shall such covenant or other arrangement be treated as disposed of (or becoming worthless) before the disposition of the entire interest described in such subsection in ...

Form 15G is a declaration that can be filled out by fixed deposit holders (individuals less than 60 years of age and HUFs) to ensure no TDS is deducted from their interest income for the fiscal year.

Anti-churning rules prevent a taxpayer from amortizing most section 197 intangibles under IRC §197 if the transaction in which they were acquired occurred before August of 1993 or did not result in a significant change in ownership or use if the transaction.

Section 197 intangiblesdo not include any fees for professional services, and any transaction costs, incurred in a corporate organization or reorganization in which gain or loss is not recognized.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232