TDS
This query is : Resolved
11 September 2010
Hi.. can any1 help in ths issue???
Can i disclose my net income if I`m / I cannot claim Tax deducted at source from my gross income???
Eg:- gross income - Rs.100,000
tds - Rs. 1,000
Since TAN is not provided by the deductor, I`m not able to claim TDS.. Can I disclose Rs. 99,000 as my income instead of Rs.100,000???
Can i disclose my net income if I`m / I cannot claim Tax deducted at source from my gross income???
Eg:- gross income - Rs.100,000
tds - Rs. 1,000
Since TAN is not provided by the deductor, I`m not able to claim TDS.. Can I disclose Rs. 99,000 as my income instead of Rs.100,000???
11 September 2010
Ask the deductor to give either TDS certificate or refund the TDS deducted.
Otherwise you can treat the Net Receipt as your income.
Otherwise you can treat the Net Receipt as your income.
Message likes :
1 times
11 September 2010
No . Actual Gross income need to be disclose in Return, ask the Deductor to provide the TAN and claim the TDS
Message likes :
1 times
14 September 2010
Thank you Ramesh.. Take care..
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
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Gift of mutual fund units to daughter
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Form 10BD Filling
- Reporting of STCG on Property in ITR
- Not able to file ITR
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- 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
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
