Tds
This query is : Resolved
16 May 2012
A INDIVIDUALS HAVE INCOME FROM POST OFFICE AS COMMISSION INCOME (HE IS AGENT).THE TDS DEDUCTED IS SHOWN IN FORM 16A FOR 1 TO 4 QUATERS OF FINANCIAL YEAR 2010-11, BUT WHILE SAW 26AS IT IS SHOWN ONLY 1 TO 3 QUARTERS OF FINANCIAL YEAR 2010-11.NOW HE WANT TO SUMMIT HIS INCOME TAX RETURN TO TAKE TDS REFUND,PLEASE TELL ME WHAT IS ADVISIBLE FOR HIM HE CAN SUMMIT REUTURN FOR F.Y. 2011-2012 OR MAKE CHANGE IN 26AS BY POST OFFICE and also tell that which ITR should be used
17 May 2012
It is not clear from your query which FY are you talking about.
FY 2010-11 or FY 2011-12.
If you are talking about FY 11-12, then wait for a days for Form 26AS to be updated.
Due date for filing TDS return for last quarter is 15th May.
Form 26AS will be updated in a couple of days and then the TDS deducted in the fourth quarter will appear in Form 26AS.
As far as return form is concerned, you will have to file ITR 4 since commission income is business income.
FY 2010-11 or FY 2011-12.
If you are talking about FY 11-12, then wait for a days for Form 26AS to be updated.
Due date for filing TDS return for last quarter is 15th May.
Form 26AS will be updated in a couple of days and then the TDS deducted in the fourth quarter will appear in Form 26AS.
As far as return form is concerned, you will have to file ITR 4 since commission income is business income.
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
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- ITR 2 Short Term gain & Long term gain
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Query regarding TDS on EPFO Higher Pension Arrears*
- 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
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
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
