Refund of tds dedcuted at superannuation amount

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kiran (Querist)
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05 July 2015 i have received superannuation after deducting tds on same .how can i get refund of entire tds as i dont have any other source of income? should i filed only salary return n fill details in tds of tds deducted and claimed deduction of entire tds or tell other for getting tds refund

Nikhil Kaushik

Nikhil Kaushik (Expert)
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06 July 2015 kindly file the salary return and include the amount of Superannuation fund received as salary. the tax credit in excess of income-tax liability shall be refunded.

kiran

kiran (Querist)
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06 July 2015 sir i want to ask whether i will get full amount of tds deducted?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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06 July 2015 no. you will only get the refund over and above the tax liability. you need to first compute the tax liability on this amount received

kiran

kiran (Querist)
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06 July 2015 but sir superannuation amt will be wholly exempt from tax then whether i can add directly in exempt income u/s 10? instead of including in salary

Nikhil Kaushik

Nikhil Kaushik (Expert)
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06 July 2015 depends on when you received it...there are conditions in section 10

kiran

kiran (Querist)
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06 July 2015 its received on retirement sir

Nikhil Kaushik

Nikhil Kaushik (Expert)
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06 July 2015 then there was no need of this query at all. isnt law simple and clear that on superannuation just follow section 10(13)

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