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plz explain its breif

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Guest

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Guest (Querist)
04 September 2010 f your Income tax payable Rs. 100 but TDS received Rs. 200 then your refund is Rs. 100 and it can be claim as refund.income tazx payable means
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
04 September 2010 Yes u can claim the refund by filing income tax return. The Rs. 100 is the tax payable.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
04 September 2010 Income tax payable means the Income tax calculated as per the applicable rate for the particular year
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