Before few days you had even post the same query...............
any way yes 10% TDS will be deducted by your company under section 194J however for individual income upto 2.5 Lacs is exempt. obtain form 16A (TDS Certificate) from your employer and file the return. PPF & LIC is admissible for deduction under section 80C subjected to maximum 1.5 Lacs. not only above 48000 refund is subjected to taxable income after considering all the deductions if there is No Tax liability entire TDS will be refund,
Practicing In Accounts, Finance, Taxation, Labour Laws
21st July 2016 From India, Basti