Income tax
This query is : Open
27 April 2017
MY COMPANY DEDUCTED TDS FROM MY SALARY 485 PER MONTH .
BUT WHEN I CALCULATING MY TAX INCOME AFTER CONSIDERING ALL DEDUCTIONS MY TAX PAYABLE IS ZERO.
I HAVE FORM 16 & THE TOTAL FIGURE IS 5820
WHAT SHOULD I DO NOW?
CAN I REFUND THIS AMOUNT FROM INCOME TAX DEPARTMENT/
WHAT IS THE PROCEDURE OF THAT?
KINDLY HELP ME?
BUT WHEN I CALCULATING MY TAX INCOME AFTER CONSIDERING ALL DEDUCTIONS MY TAX PAYABLE IS ZERO.
I HAVE FORM 16 & THE TOTAL FIGURE IS 5820
WHAT SHOULD I DO NOW?
CAN I REFUND THIS AMOUNT FROM INCOME TAX DEPARTMENT/
WHAT IS THE PROCEDURE OF THAT?
KINDLY HELP ME?
27 April 2017
If your calculations are correct and there is no tax liability you can claim full refund by filing income tax return. But it is better to confirm your tax calculations through a tax consultant.
27 April 2017
yes sir calculations are correct ... can i refund full amount
sir what is the procedure
kindly help
sir what is the procedure
kindly help
27 April 2017
You can claim the entire amount by filing income tax return
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
- Opting our of sec 44AD
- Copyright software
- Transporter Declaration form
- Multiple trade mark
- Value of property in capital gain
- LC charges in relation to Asset purchased should be Capitalised ?
- Form 121 & TDS deduction
- Regarding appeal to GSTAT
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Regarding TDS Applicability For Director Remuneration
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
