Commsion income

This query is : Resolved

pravin palkar (Querist)
Follow

17 March 2017 Dear Sir

I am Taxi Driver by Profession and earning 25000/- Per month Income in cash Basis as well as am doing real Estate agent work so received also that income in chq after Deduction TDS approximately 10,000/- per month need refund that TDS amount, what should i do, please suggestion

CA Shubhanshu Jain

CA Shubhanshu Jain (Expert)
Follow

17 March 2017 in this case refund is not available because your total annual income as per above data is somewhere around between 4-4.5 lakhs, but you can set off your TDS deducted from total tax payable.

For this you have to file Income tax return in form ITR-2 before 31st may.