TDS
This query is : Resolved
12 September 2010
If any1 is consultant in a co. and while making payment(professional fee) to consultant, co. deduct tax and at the time of filing ROI the tax liability of consultant is nil, in other words, there is refund of tax, so in that case what should he do ???
12 September 2010
HE SHOULD FILE THE RETURN TO CLAIM THE REFUND.
FROM NEXT YEAR THE CONSULTANT CAN APPLY TO CONCERNED A.O. FOR NIL DEDUCTION /LOWER DEDUCTION OF TDS IN FORM N0 30.
FROM NEXT YEAR THE CONSULTANT CAN APPLY TO CONCERNED A.O. FOR NIL DEDUCTION /LOWER DEDUCTION OF TDS IN FORM N0 30.
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12 September 2010
HE SHOULD FILE THE RETURN TO CLAIM THE REFUND.
FROM NEXT YEAR THE CONSULTANT CAN APPLY TO CONCERNED A.O. FOR NIL DEDUCTION /LOWER DEDUCTION OF TDS IN FORM N0 30.
FROM NEXT YEAR THE CONSULTANT CAN APPLY TO CONCERNED A.O. FOR NIL DEDUCTION /LOWER DEDUCTION OF TDS IN FORM N0 30.
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12 September 2010
May be read as Form No.13.
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12 September 2010
Agreed
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