Now Reading: Lower or nil TDS certificates to go fully online soon
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Lower or nil TDS certificates to go fully online soon
The Income Tax Department is preparing rules to let taxpayers apply online for lower or nil TDS certificates. Minister of State for Finance Pankaj Chaudhary told the Lok Sabha the enabling rule,…
The Story in Brief
The Income Tax Department is preparing rules to let taxpayers apply online for lower or nil TDS certificates. Minister of State for Finance Pankaj Chaudhary told the Lok Sabha the enabling rule, introduced through the Finance Act 2026, is being framed and will be notified soon. The application will be processed using existing data such as tax returns, AIS, TIS and Form 26AS. Certificates will be issued electronically if conditions are met; mismatched data may lead to rejection.
Chaudhary also said the department disposed of 2.24 lakh appeals in FY26, up from 1.11 lakh in FY24. It completed 2.13 lakh faceless assessments in FY26, down from 2.73 lakh in FY24.
The Indian Opinion
This is a welcome step, but the real test is implementation. The system will rely on matching taxpayer data with the department's records, AIS, TIS, Form 26AS. For small taxpayers with clean returns, it could be a breeze. But what about those with mismatched data? Will rejection be automated, or will there be a fair hearing? The number that matters: how many applications are approved versus rejected in the first year.
Sources (2): economictimes.indiatimes.com, timesnownews.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
