Claiming refund of tds deducted on interest from f.d
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 August 2014
Can N.G.O claim Tds as refund which is deducted on iterest received from F.Ds which were deposited in Bank?
Can N.G.O claim Tds as refund which is deducted on iterest received from F.Ds which were deposited in Bank?
27 August 2014
of course yes , if the total income is below rs 2 lacs. and if the NGO is registered u/s 12 A , and all the condition of sec 11 are fulfilled , than there will not be any tax liability and u will get full amount refunded
27 August 2014
YES IF they registered under section 12A as trust then no income will taxable and tds amount will be refundable
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Inventory of finished goods
- Filing of Form 10BB instead of Filing Form 10B
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Applicability of Ind As to associate of associate
- Last year input claim shown in gstr9
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
