Deduct tds or not ??

This query is : Resolved 

12 June 2013 A lady, senior citizen, having rent rent income of above 400000/-, can submit 15G, to avoid TDS ???

12 June 2013 yes for sure

12 June 2013 Respected Sir,

The Income is above the basic exempption limit, so how come 15G can be submitted ???
Please , can yourself explain ???

12 June 2013 it ,depend on her investment

if net taxable income is up-to exemption limited i.e 2.5 lac, then she can give form 15G

12 June 2013 Thank You very much..


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