Income Tax- Savings- PPF and Sukanya samriddhi-

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Kumaran N is seeking advice on tax savings investments, specifically PPF and Sukanya Samriddhi, to claim a tax refund. Due to excess tax deductions in January and February, Kumaran plans to invest before the financial year ends on March 31st and submit proofs later. The expert confirms that submitting proofs by the end of the month can lead to a tax refund in April, or the refund can be claimed when filing the Income Tax Return (ITR).

Kumaran Neelakantan

Kumaran Neelakantan (Querist)
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18 March 2020 Hello Expert,

I am seeking your expert advise on with regard to my tax savings investments.

I was unable to share my investments proofs, in Jan & Feb company has deducted excess tax, I am planning to

invest in the next weeks i.e. with in the close of financial year 31st March 2020 in PPF and Sukanya samriddhi-

I can submit these proofs at the time of filing my returns and claim a tax refund on the same.

Really appreciate your help. Thank you so much for your help in advance.

Regards
Kumaran N

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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18 March 2020 Provide such proff before the end of this month. Tax refund can be made in April.
In case of no refund claim it in ITR you will get refund.

Kumaran Neelakantan

Kumaran Neelakantan (Querist)
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18 March 2020 Thanks that`s really a good news..CA R SEETHARAMAN Sir thanks a ton!!

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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18 March 2020 Welcome..........................

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