tds of ay2018-19 is 8000....but my gross income in bellow 250000 ........can I file return....now.......
or liable late fee........when file return
Menu
effiling itr
Replies (6)
Under which section TDS deducted?
u/c 94C ........
Late fees should not be levied.
as your income is below taxable limit I.e 2,50,000 penalty will not be levied
as the income is lessthan 2.5lacs u can get the refund of tds deducted....better to file itr
It is better to file return as TDS is deducted even though your income is below exemption limit and claim refund of same....
Otherwise you may get a notice u/s 142(1) as a part of scrutiny assessment...
Otherwise you may get a notice u/s 142(1) as a part of scrutiny assessment...
Recent Threads
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
- Pension Income up to Rs.1,66,250 per month equal t
- Reappointment of Managing Director in a private li
- VAT deducted by Saudi company
- RCM doubt please clarify
- Should open NRO account?
Related Threads
CAclubindia
