Tds credit on income from prizes in kind
This query is : Resolved
18 May 2012
A person receives a car as winning from a game.He is asked to pay TDS first to the game organizer. The organiser will deposit tax so collected and issue TDS certificate to the winner. Will the person be able to get tax credit on such TDS deposited while he files his personal IT Return ?
18 May 2012
Yes he will get the credit of the tax paid.
18 May 2012
Yes he will get the credit.
18 May 2012
Yes he will get provided tds return is properly filled by the organiser
01 June 2012
Yes I agree with the other experts
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