194-b t.d.s deduction will be claim for refund ?
This query is : Resolved
06 January 2012
dear experts
1 lady who is housewife so there is no any business or any type of other income but her tax deducted from mandli (co-op society)on prize of colour tv @ 30 % as u/s 194B (Winning from lottery or crosswordpuzzle).currently deducted tax shown in 26AS.should her claim for that t.d.s which shown in 26AS? reply soon thank you
1 lady who is housewife so there is no any business or any type of other income but her tax deducted from mandli (co-op society)on prize of colour tv @ 30 % as u/s 194B (Winning from lottery or crosswordpuzzle).currently deducted tax shown in 26AS.should her claim for that t.d.s which shown in 26AS? reply soon thank you
06 January 2012
THE LUCKY LADY !!!!
SHOW THE VALUE OF TV AS INCOME FROM OTHER SOURCES.
.
TAX HAS TO BE CALCULATED AT SPECIAL RATE 30.9%. IT WILL MATCH WITH THE TDS AMOUNT.
NO REFUND WILL BE ALLOWED AGAINST SUCH TDS.
.
SHOW THE VALUE OF TV AS INCOME FROM OTHER SOURCES.
.
TAX HAS TO BE CALCULATED AT SPECIAL RATE 30.9%. IT WILL MATCH WITH THE TDS AMOUNT.
NO REFUND WILL BE ALLOWED AGAINST SUCH TDS.
.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- TDS on TRUST
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Reprocessing of rectification order AY 2025-26
- Section 50-fixed asset-->building ceases to exist
- Putting a heading on received mail
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
