Mr X has salary of 2,54,000 as salary Income..
TDS was deducted accordingly..
Mr X has only that source of income i.e. salary..
He invests in 80C around 80,000 thus tax liability becomes nil...thereby claiming refund every time..
Now
Is there any forms/procedures/formalities so that TDS doesn't get deducted..?
Yes, Under section 197 tax payer may make an application to his Assessing Officer for deduction of tax at a lower rate or non deduction of tax.
Thank You Mr Dileep,
I request you to send me Form-13 as an attachment if you can....
Please find attached FORM-13
Thank You Sir..
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