If the income of a person exceeds INR 215000 and 55000 is deposited in PPF to availe 80C benefit, then the net Amount falls to 160000... Wil the person in this case needs to file ITR and Deposit Tax?
Wae Jing Lonthaw (Others) (341 Points)
11 March 2014If the income of a person exceeds INR 215000 and 55000 is deposited in PPF to availe 80C benefit, then the net Amount falls to 160000... Wil the person in this case needs to file ITR and Deposit Tax?
Manoj Mehta
(Head Of Department (Accounts & Finance))
(1479 Points)
Replied 11 March 2014
siva thunder
(article student)
(253 Points)
Replied 11 March 2014
my client(individual) turnover is 43 lakhs from businees , 80C is 1,00,000, and housing loan paid is interest 1,02,619 and principal is 5,309
Do can i file ITR 4S
siva thunder
(article student)
(253 Points)
Replied 11 March 2014
if tds is allready deducted then there is no need
Manoj Mehta
(Head Of Department (Accounts & Finance))
(1479 Points)
Replied 11 March 2014
Wae Jing Lonthaw
(Others)
(341 Points)
Replied 11 March 2014
Is TDS also deducted on Direct Income? Bank has already charged TDS on Deposits, and can I claim TDS returns after Tax saving and my actual income from all sources above INR 2.15 Lacs?
Manoj Mehta
(Head Of Department (Accounts & Finance))
(1479 Points)
Replied 11 March 2014
Wae Jing Lonthaw
(Others)
(341 Points)
Replied 11 March 2014
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