Is tds applicable on casual salary

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 January 2017 i am a student, and i have just started my paid internship at one of he big fashion companies, i am receiving stipend worth 10000. they have been cutting 10% from my stipend and told me that its a compulsory deduction for tds and i will get this amount back when i file for it returns and my income would be less than 2.5lakhs. but as i have been told that tds amount is not deducted on casual income. please help me, is the deducted amount legal or it should not be deducted.

as i am a student of designing and not familiar with these terms, so kindly help me
thankyou

CA Suresh Jain

CA Suresh Jain (Expert)

11 January 2017 The Company is right deducting TDS @ 10% as the amount being paid to you is treated as Professional fee by the Company

Querist : Anonymous

Querist : Anonymous (Querist)

11 January 2017 but i have been told it is not applicable on casual income or income less than total 2.5 lakhs............
even if the company deducting is right, so from where will i get the amount when i will file for income taxt nd my salary will be lower than the requisite amount for tds, from the incometax dept??

CA Suresh Jain

CA Suresh Jain (Expert)

11 January 2017 Your income is not a casual income. Income tax on a Total income up to Rs. 2.50 lakh is exempted and therefore you need to file a return of income and claim refund of the TDS

Querist : Anonymous

Querist : Anonymous (Querist)

11 January 2017 ok
thankyou so much for clearing my query......

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