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Can you TDs amount sett off against income tax return

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vijay

student

37 Points Posted on 10 January 2020

do you sett off TDs credit amount against income tax amount. I senior member I want consult this chapter.

Replies (3)

Quick Summary

This discussion clarifies how Tax Deducted at Source (TDS) credit amounts can be set off against your total income tax liability. Essentially, the TDS deducted reduces your overall tax payable, and any excess TDS can lead to a tax refund. The conversation also briefly touches upon the benefits of automated accounting systems for efficiency and cost savings.

Kapadia Pravin

10683 Points Posted on 10 January 2020

Tax liability as per ITR gets reduced by TDS deduction amount . Balance is only payable. Excess TDS will result into refund return.

Vaibhav Shetty

chartered accountant

38 Points Posted on 07 February 2020

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RAJA P M

"Do the Right Thing...!!!"

77833 Points Posted on 07 February 2020

@ Vaibhav Shetty.,

What You want exactly...?

Don't be irritating to others. It's not good if You are a professional...

Advertise the same in google...
CCI not a platform for the activity...😠😠😇