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Tds

This query is : Resolved 
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(Querist)
23 April 2012 Question link is:
https://www.caclubindia.com/forum/tds-deduction-on-xerox-bill-199243.asp

Q reads as,
I have Xerox shop at Baroda & deal with many Banks & MNC Company. They are informing to me. F.Y. 2012-13 they deducted TDS form my bills @ rate 2.3 Because My bills amount is more than 30,000/-. Pl guides us how we return TDS Form IT Department. TDS is dedicated is write or Wrong.

As per reply We talk with Nationalised Bank & They give circular issed by IT in this circular nothing mention regarding written aggrment & Pl proide if any supporting doucment etc

Jayesh Gandhi
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swasti

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swasti (Expert)
24 April 2012 Whatever TDS is deducted can be claimed while filing your Income Tax returns. The TDS would be adjusted from the tax payable, if any otherwise would be refundable.
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