Lic Agent

Dear Shital,

Provision to File Form 15 G is NOT AVAILABLE for Payments made u/s 194H,  i:e in case of Income from LIC Comission..Therefore TDS WILL BE DEDUCTED..

HI,

Thanks for your reply. But is any other option for not to deduct TDS?

Dear Shital,

U CAN GO FOR FILING OF FORM NO. 13 u/s 197 read with Rule 28 & 28 AA FOR DEDUCTION OF TAX AT LOWER RATE OR FOR NO DEDUCTION AT ALL...

u apply lower deduction certifciate under from  no. 13 u/s 197 , issuing of assessing & income tax office( No deduction or .25% , .50% rate etc. )