All deduction applicability during tds.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 April 2012
HI.....
A person made donation of 80G,He want to avail benefit of this during his Tds deducted by third party. Is it possible? Is third party mention this deduction in form 16?
Ok Thanks.
A person made donation of 80G,He want to avail benefit of this during his Tds deducted by third party. Is it possible? Is third party mention this deduction in form 16?
Ok Thanks.
03 April 2012
It is not possible to consider deductions while deducting TDS. This detail cannot be mentioned in Form 16A.
However, if the assessee is an employee, he can declare such investment to his employer who will consider the same while computing TDS on salaries and also show the amount in Form 16.
However, if the assessee is an employee, he can declare such investment to his employer who will consider the same while computing TDS on salaries and also show the amount in Form 16.
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 April 2012
ok thanks ,
03 April 2012
You are welcome. You should use the tahnks button to convey your thanks.
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