i am submitting documents to the opposing counsel like medical records, employment records etc. Am i allowed to black out my DOB, SSN, bank account # or will that be considered tampering with evidence?
You have a right of privacy in your medical records and employment records. To be discoverable, they must be "directly relevant" to a cause of action or defense in the action, and there must be no other way of obtaining the information contained in them. In addition, third parties referred to in those records (e.g., authors of letters of recommendation, sexual partners, et al.) also have privacy interests in information about them that prevents you from disclosing it without their consent.
You also have a similar right of privacy in your "personally identifiable information," such as DOB, SSAN, bank account numbers, credit card account numbers, etc.
In your formal verified response to the demand for production/inspection of documents, you need to assert such objections as you may have to the production, including the protection afforded by your rights of privacy under Article 1, Section 1, of the California Constitution and other applicable statutes.
Since you apparently are representing yourself, you should have a lawyer review the demand for production/inspection of documents, prepare the formal response for you, review the documents responsive to the demand, and redact [black out] the appropriate portions of those documents.
Yes, you can redact such personal information from the documents which you are producing. In the event the propounding party believes such information is essential and reasonably calculated to lead to the discovery of admissible evidence, the propounding party will have to "meet and confer: with you first, before filing a motion to compel further responses and/or motion to compel compliance.
Look at California Rules of Court, Rule 1.20(b)--it governs this issue with respect to filing documents in court. I would suggest that you follow it in redacting confidential information in what you turn over in discovery.