Can i claim refund back of t.d.s deducted from u/s 194-b

This query is : Resolved

MOHAMMADANISH S. JETHARA (Querist)
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10 December 2011 dear experts,
my wife got prize from Co Op mandali(AOP)by saving certificate schemes which we will get double after 6 years.my wife gets prize of refrigerator but we have paid tax @ 30 % forto got it. can we claim of this amount for refund because my wife had no such other taxable income.please reply on it

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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10 December 2011 You can not claim refund of TDS on winning from lotteries , crossword puzzles etc. This prize is of the same kind and as such TDS can not be claimed as refund.

Ratan Sharma

Ratan Sharma (Expert)
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10 December 2011 It will depend on the terms & conditions of the scheme. If the refrigerator is in the nature of prize then you can not claim the refund. But if you have received refrigerator as per the saving scheme then then you could get the refund.

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