Income tax return


(Querist)
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.


CA R SEETHARAMAN (Expert)


Click to Talk 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.

K BHEEMA REDDY (Querist)
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.

CA R SEETHARAMAN (Expert)


Click to Talk 22 July 2019
No option to set off the loss.

K BHEEMA REDDY (Querist)
24 July 2019
Dear sir,
Thanks for previous Reply.and which ITR form to be used .

CA R SEETHARAMAN (Expert)


Click to Talk 24 July 2019
File ITR 1............................


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