Form 128 – Lower/Nil TDS or TCS Application Update

Form 128: Lower/Nil TDS or TCS Application Update

Form 128 Lower Nil TDS TCS Update
Under the Income-tax Act, 2025, the earlier Form 13 used for requesting lower or nil deduction of TDS or reduced TCS collection has been renumbered as Form 128.

Form 128 is the prescribed application format for obtaining a certificate allowing deduction of income tax at a lower rate, no deduction, or reduced tax collection. The change aligns compliance procedures with the updated tax framework while maintaining the original purpose of the form.