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Investment proof

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(Querist)
14 January 2015 If any employee haven't declared investment proof at the time of joining and now he is submitting his all investment proofs.. What will be the effect?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
14 January 2015 If it is investment proof for tax savings it can be accepted now and future TDS can be reduced.
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Rupesh Jain

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Rupesh Jain (Expert)
14 January 2015 you can give the effect of that investment and deduct the TDS if bal. remain.
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