Income Tax Rebate
This query is : Resolved
Bhavin Kanabar
(Querist)
10 December 2008
I am a pvt ltd.company employee.my annual salary is 200000.so i m eligible for pay incometax but i have a lic policy of Rs.54000/yr.but in present i dont provide it to my boss so they deduct my incometax from my salary.
Now can i claim for refund it in my incometax return..?
Now can i claim for refund it in my incometax return..?
10 December 2008
File income tax return and claim refund.
11 December 2008
Yes.Provided ur net taxable income is below exemption limit or if ur total tds is higher than tax payable.
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