02 April 2013
My tax liability for the last 5 years has been hardly 3000/- to 4000/-.Tds deducted from interest income happens to be much higher so invariably i have to apply for tax refund every year.
Can i submit 15g in some of the investments to reduce tds deduction.Today my tds is 20000/- to 25000/-. Would it be okay if allow tds upto 4000/- and submit 15g for the balance investments.