Hello fellow members and expert panel........
I am a salaried professional who also has an small income from advertising business which was a one time transaction.
I had filled up ITR 4 and according to that my income from salary was about 1 lakh and profit from business was 40000 a simple one time transaction.(addition of these puts me under the non-taxable slab.........yeah....!!!)
A TDS was cut from both my salary and my business venture. Form 26 (AS) showed me the status of booking was (f).
Investments amounted to 22000 mainly LIC under section 80C
Now according to rules i am under non taxable slab hence TDS of about 8000 must be returned.
But I recieved intimation 143 (1) saying that there is no demand neither any refund.
Procedure dictates I must file a rectification but I need to confirm If I had filled up the form correctly or not. All sections in intimation 143(1) sent by It dept match my calculations except the TDS.
I double checked the TIN TAN PAN nos and all of them are in order according to form 26(A)
Could you help me out here to get back my TDS.???
CAclubindia
