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Querist : Anonymous

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Querist : Anonymous (Querist)
30 December 2011 My mom retired on nov 2010 and filed a proper
return for F.Y. 2010-11, now she received bonus in the F.Y.2011-12 and company deducted tds on that amount & amount is well below slab limit .
can i claim TDS by filing F.Y.2011-12 return? They gave TDS certificate etc
help?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
30 December 2011 Such bonus is taxable in the current year as salary.

File a return showing such bonus under the head 'Income from Salary'.

Since the income is less than the exemption limit, refund of TDS will be granted to your mother.
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CA Pramod Jain

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CA Pramod Jain (Expert)
30 December 2011 agreed with siddhartha.
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