Refund in sec 44ad
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 November 2016
Dear All
My proprietary firm having turnover of 3311356/- Lakh in AY 2016-17 however the TDS Rs. 7456/- has been deducted by vendor. Pls tell me can i claim the rebate u/s 87A in sec 44AD or not. Since my TDS has been deducted will Deptt. Refund my TDS by opting sec 44AD,
Regards
Raj kumar
My proprietary firm having turnover of 3311356/- Lakh in AY 2016-17 however the TDS Rs. 7456/- has been deducted by vendor. Pls tell me can i claim the rebate u/s 87A in sec 44AD or not. Since my TDS has been deducted will Deptt. Refund my TDS by opting sec 44AD,
Regards
Raj kumar
23 November 2016
1 You can opt for 44AD and claim rebate u/s 87A.
2 You will get your TDS refund after opting 44AD no problem.
2 You will get your TDS refund after opting 44AD no problem.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Sales return eway bill
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Free lancer income
- STCG FOR GOLD ETFs
- Loan by Partnership Firm
- TDS related Query_Liquidated Damages
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
