Is TDS is refundable?
This query is : Resolved
06 April 2010
Hi,
As per my offer letter it is written that
"The Company shall, in consideration of the Services rendered by the Consultant, pay to the
Consultant fees of Rs. 12500 /- per month , subject to deduction of taxes, as applicable."
I am geting Rs. 11250 per months Rs. 1250 is TDS.
My question is that is am I eligible to get back my TDS.
Please reply to me in my personal mail id gautamm.kumar@gmail.com.
Thanks
As per my offer letter it is written that
"The Company shall, in consideration of the Services rendered by the Consultant, pay to the
Consultant fees of Rs. 12500 /- per month , subject to deduction of taxes, as applicable."
I am geting Rs. 11250 per months Rs. 1250 is TDS.
My question is that is am I eligible to get back my TDS.
Please reply to me in my personal mail id gautamm.kumar@gmail.com.
Thanks
CA. Ashish Bihani
(Expert)
06 April 2010
Dear Gautam, difference of amount between total tax payable less total tds along with tax paid,if any will be refunded to you by the Income Tax Department.
06 April 2010
AGREE
CA Suresh Choudhary
(Expert)
06 April 2010
Yes it will be refunded after adjusting your tax liability but for that you have to file the Return to claim such refund
CA Ashok Kumar Sahu
(Expert)
06 April 2010
AGREE WITH EXPERT
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