Refund of tds.
My client having TDS Refund of Rs. 60000 for the financial year 2014-15. His Gross commission is 598000. He is Insurance Agent. Apart from this commission, he is not having Incomes. My client says he need only 30000 Says Refund from IT Dept. The balance 30000 to be paid as tax by increasing his Invome . Plzz suggest.
Replies (3)
You can show interest income as income from income from other sources...... Anyway he lent his monies or not
He has not lent his money.
Whether he can show supply of contract labour
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