Avoid higher TDS with timely, accurate submission of investment proof

For investments made after proof has been submitted to the employer, claim refund in ITR

Bindisha Sarang | Mumbai
Last Updated at January 24, 2023 18:06 IST

Photo: Shutterstock

If you are a salaried employee, an email from your accounts department asking for proof of tax-saving investments made during the current financial year must have already reached your inbox. In April 2022, you would have declared to your employer the tax-saving investments you intend to make during the year so that it could deduct tax accordingly. Now is the time to provide documents in support of that declaration.

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