Emplyoer has deducted Tax on Salary from April 07 to February 2008 proportionately for FY 2007-08.

Now after submission of original proof of investment in March 2008, no tax liability exist for FY 2007-08.

In such case can the refund of TDS be claimed from the employer IN ANY CASE, OR It has to be claimed thru IT Return only.

Regards,
Sabir Mulla

Thanks a lot for prompt reply to all, I understand the answer but still I want to know,,,,

Under Income Tax Act is there any clear provision stating that this has to be claimed through IT return only?

Regards,
Sabir Mulla

i have done sec. 44AD on partenership firm whether it is necessary to file FBT return in case of Fringe benefits provided by employer. if yes whether nil return or i have to pay FBT also
thanks

Hi
i m articled assistance

i wanted to know that is there any provision that T.D.S will not be deducted on charges for providing data connectivity. the authorities of Reliance Communication told that there is no provision in this regards but i wanted to know the real provision.

Please let me know ASAP

Regards,
jay

Are prior period items allowable in MAT

Sir,
I am slightly confused about conveyance expenses which is covered under FBT.
My question is that how the conveyance allowance for the performance of office duty( exempt under 10 (14)), is differ from conveyance covered under FBT.
Please provide the coverage area of such head in FBT.

Foriegn payment due but not paid,provided and credited to suspence account on the date of closing of accounts .whether TDS to be deducted and paid by 31st May.

We are paying 50000/- per month Basic salry to a employee who is working in our branch office at bangalore we are given a flat for his resident our company has been paying an amount of Rs.20000/- p.m. towards flat rent and debited to rent - executives staff a/c while arriving of his personel income tax liability hou much of perquisite to be taken in his computation of total income

Annual Salary - 600000 p.a
Allowances - NIL
rent paid by the company for his rent free accomodation - 240000 p.a.

dear sir,

is TDS deducted on foreign payments?

sumeet

Mr.A rendering professional service. He does not want to show income in his books received from particular client and he requested the client not to deduct tax at source.!

No doubt clients expenditure will be disallowed for non deduction. but Mr.A is a monopolistic service provider. The client does not have any other option before Mr.A

What the client has to do in these circumstances ?

if the sperson is senior citizen and no other income other than interest of rs 55000/- then whether bank is required to get the tds dedicted or bank accept the form 15h?