Income tax liability on receipt of compenasation
This query is : Resolved
29 August 2009
as we are two brothers and our names are included in the Court decree for compensation receved Rs.1850000/-
and interest on compensation Rs.1825000/- received during the financial year 2008-09, TDS RS.234000/- has been deducted on the interest amount.Whether can we file and claim refund of TDS on individual filing of returns--in our records of right both names are there as basappa , and iswarappa son of bhimappa.Kindly mention the procedure to get refund on indvidual basis seperately.
ours is a urban agriculture land acquired by Govt,HDUDA during 1999-2000 before acquisiton we are using it for our own agriculture till 2001-02.
There is no PAN no mentioned on Form No 16A.
and interest on compensation Rs.1825000/- received during the financial year 2008-09, TDS RS.234000/- has been deducted on the interest amount.Whether can we file and claim refund of TDS on individual filing of returns--in our records of right both names are there as basappa , and iswarappa son of bhimappa.Kindly mention the procedure to get refund on indvidual basis seperately.
ours is a urban agriculture land acquired by Govt,HDUDA during 1999-2000 before acquisiton we are using it for our own agriculture till 2001-02.
There is no PAN no mentioned on Form No 16A.
29 August 2009
Pls. mention TDS deducted in whose name and PAN NO. ? your name or your brother name ? The person Whose name and pan no. in certificate claim tds
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