Tds
This query is : Resolved
12 August 2013
Dear Sir,
I am working in one of the reputed company. my earning from job is 5 Lack and I am doing parttime business also. I have distributer ship of it.I am getting commission from that.which is approx 60,000 to 1,00,000 per annum.TDS and tas are already deducted from commission. can i get back the TDS amount.after year.
Awaiting your reply.
Regards
Maulik
I am working in one of the reputed company. my earning from job is 5 Lack and I am doing parttime business also. I have distributer ship of it.I am getting commission from that.which is approx 60,000 to 1,00,000 per annum.TDS and tas are already deducted from commission. can i get back the TDS amount.after year.
Awaiting your reply.
Regards
Maulik
12 August 2013
If your Total tax liability is less than the amount of TDS deducted from you only then you can get refund of TDS amount.
Since your Salary income is 5 lacs you fall in 20% Tax Bracket and rate of TDS on Commission is 10% so its very unlikely that there will be any refund.
Since your Salary income is 5 lacs you fall in 20% Tax Bracket and rate of TDS on Commission is 10% so its very unlikely that there will be any refund.
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
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
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
