My income for the current year from Hiring Earth Moving
Vehicle to a contractor will be 250000/-my total savings
are 125000,payment of my childrens tution fees will be 35000
So mine will be below taxable income .Pl let me know
whether there is any chance to escape from TDS
obligation.If so Pl let me know the procedure
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Answer Posted / rakesh aggarwal
no u r not escaped from tds deduction.and form 15g shall be
use only interest income
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if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount
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