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<h1>New Income-Tax Rule 134: Apply for TDS Credit Electronically via Form 71 Starting October 1, 2023.</h1> The Central Board of Direct Taxes has introduced the Income-tax (Twentieth Amendment) Rules, 2023, effective from October 1, 2023, amending the Income-tax Rules, 1962. A new Rule 134 has been added, detailing the procedure for assessees to apply for credit of tax deduction at source under sub-section (20) of section 155. This application must be submitted electronically using Form No. 71, either under digital signature or electronic verification. The Principal Director General of Income-tax (Systems) will oversee the submission process and ensure security and archival protocols. Form No. 71 will be forwarded to the Assessing Officer upon submission.