Tds dedn for sr.citizen


This query is : Resolved 

(Querist)
21 May 2013 IF THE SENIOR CITIZEN IS 80 YEARS & IS HAVING ONLY INCOME FROM RENTING A FLAT WHICH IS APPROX 3.12 LACS P.A.

HOW TO AVOID THE TDS DEDUCTION ?

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Guest (Expert)
21 May 2013 Is 3.12 lacs is rent received or income from house property

Sunil Bagade (Querist)
22 May 2013 ITS RENT, THANX IN ADVANCE

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Guest

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Guest (Expert)
22 May 2013 The TDS is deductible, as the gross receipt exceeds Rs 180000 during the year.

But you can claim refund of the TDS deducted.




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