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In case you have not been in a position to submit proofs to your employer or if your employer or bank has already deducted TDS and your whole earnings is beneath the taxable limit) – you’ll be able to file a Return and claim a refund of this TDS.

However, even if one cropped up, experience tells me that it would be a waste of time and money.Please assist me identical sir with part & subsection.Each organization accountable for deducting tax is required to file quarterly statements of TDS for the quarters ending on 30 th June, 30 th September, 31 st December and 31 st March in every Monetary Yr The provisions of quarterly statements of TDS have been launched in the statute vide section 200(three) w.e.f. Stay invested for the entire interval of the coverage (or no less than 15 years in case of Life Stage Wealth) so as to derive maximum benefit from the policies.It’s just that there isn’t a need for an employer (Deductor) to deduct TDS on these kind of withdrawals. In respect of payments to which the TDS provisions apply, the payer has to deduct tax at supply on the funds made by him and he has to deposit the tax deducted by him to the credit of the Government.So can I file the returns on TDS for Assesment year 2013-2014 also now.

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