Tds refund
I have a Query..
Assessee has income from winning of Rs. 14735..
TDS has been deducted by payer @ 30% that is 4421..
And that is the only income of assessee and no other transaction and invt made by assessee..
So what is the Net Refund to assessee..??
Replies (1)
it will be taxable @ 30% under income from other sources. You wont be able to claim any refund.
Recent Topics :
- Pan surrender via online
- EPFO Portal Issue – Unable to Save Employee
- Plant & Machinary
- ITC reversal after supplier amended the recipient
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
Related Topics :
CAclubindia
