TDS on Repurchase of units
This query is : Resolved
19 November 2010
I have Invested in HDFC Mutual Funds and they have deducted the TDS and Issued the certificate , in that nature of payment is Repurchase of units. I want to do I need to add the Investment amount in my income and calculate tax or I can directly adjust the TDS from my tax liability.
Thanks
Thanks
20 November 2010
You have to show only the income and not the Investment amount in your Return
for claiming the TDS credit.
for claiming the TDS credit.
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