A lic agent got 490000 commission in this financial year. Rs 6100 tds has been deducted. If he files ITR3 , will he get back his money ? or he has to give tax ?
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Quick Summary
A LIC agent received a commission of £490,000 and had £6,100 in TDS deducted. Based on the provided income information, it appears the agent's income is below the taxable threshold. Filing an ITR 3 form should allow the agent to claim the full TDS amount back as a refund.