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..?
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Tds on salary
Replies (4)
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.
The application has to be made in Form No.13.
IF he satisfied then, he may issue certificate in Form No. 15AA providing for deduction
of tax at lower rate or no deduction of tax.
Please obtain copy of Form No.15AA for your record. Then no need deduct TDS.
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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