banner_ad

Income tax return

This query is : Resolved 

20 July 2019 Dear sir/Madam,
My friend was a salaried employee, he has earned a income of Rs 350000 per annum ,and after claiming chapter VIA deductions and HRA the total income was Rs 200000.,And he also income From playing Card Games is Rs 21000 (30000-30000*30%) after deducting TDS @30%.In 26AS tax credit TDS on winning from card games also updated Rs 9000.
Here my doubt is how can we get refund of Rs 9000,Because his total income is Below exemption limit.
and which ITR form we can use.


Thanks in advance,
Regards,
Bheema Reddy.K.

20 July 2019 The Benefit of basic exemption limit and income tax slab rate is also not applicable to this income. You will not get any refund.

22 July 2019 Dear sir but my friend has a loss of Rs 50000.
If there is any option to set off this loss against income of Rs 30000.

22 July 2019 No option to set off the loss.

24 July 2019 Dear sir,
Thanks for previous Reply.and which ITR form to be used .

24 July 2019 File ITR 1............................


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details