Hello sir,
The total income from the head salaries is 2,74,000 after deductions, and income from other sources stands at 12,656 (via a Bank FD). TDS has been paid on bank FD @ 10% at 1,200.
since the said person is under the 3,00,000 income range for AY 2019-20 can he get a refund of the TDS amount paid, as he is eligible for a rebate of 2500 u/s 87A ?
Menu
TDS REFUND
Replies (3)
Yes, In given case person can avail rebate of u/s 87A & he will get refund of total deducted TDS.
sir what is the procedure for applying for refund of TDS ?
File ITR-1 for the refund.
In case you need any further help regarding the same then you can contact to me on sushank.ew @ gmail.com or +91 9955369975 (Whatsapp or Call)
Recent Threads
- TDS u/s 94T - applicablity on profit share.
- ITC for 5% Restaurant business
- Auto Sweep Facility In Fixed Deposit
- Live Updates and discussion on Union Budget 2026-2
- Taxation on Bonds
- How to learn about a deceased family member's inve
- Query about cash withdrawals and tax/ITR filing im
- TDS on partners remuneration u/s 194 T
- Income Tax Financial Year 2025-26
- GST Rate RCM
Related Threads
CAclubindia
