17 August 2011
hi pls tell me in individual monthly deducted T.D.S as professional fees 800 p.m but he wants to set off this amt against his investment but in which investment items deduction available also give some investment items list which is suitable for investment and ultimately tax burden is nullify at the end of the year.
L.I.C, PPF, POST OFFICE DEPOSITEs SCHEME kaisi rahegi deduction k liye....
17 August 2011
800*12=9600 means the income from profession ( sec 194J) is 96000/- so just file return and claim back the TDS deducted, without any specific investment under 80C, the TDS deducted is refundable.