How & when to file return on tds
This query is : Resolved
22 March 2012
I am working as freelancer with publishing houses & institutes. everytime 10% is deducted from my payment .Please guide me that when & how i can file return for TDS deducted.
22 March 2012
U need not file return specifically for TDS deducted. File income tax return after calculating your income as per INCOME TAX ACT 1961. Calculate and pay tax on the income.
Note:- you can take credit of the TDS deducted from your income. if after taking credit of TDS there is still tax payable, pay the balance amount of tax, n if there is excess of TDS deducted, you can claim refund of such tax
Regards,
CA. Tapas Ruparelia
Note:- you can take credit of the TDS deducted from your income. if after taking credit of TDS there is still tax payable, pay the balance amount of tax, n if there is excess of TDS deducted, you can claim refund of such tax
Regards,
CA. Tapas Ruparelia
Message likes :
1 times
22 March 2012
Dear Mr. Kamaldeep
The filig of TDS return is the resposibility of deductor who deduct your TDS not the deductee. So in your case TDS return will be filled by your publishing house or Institution who deduct your TDS at the time of payment . you just file a Income Tax return before due date and claim your TDS deducted by the various person.Further to Confirm your TDS amount you can download form 26AS from Income tax site.
The filig of TDS return is the resposibility of deductor who deduct your TDS not the deductee. So in your case TDS return will be filled by your publishing house or Institution who deduct your TDS at the time of payment . you just file a Income Tax return before due date and claim your TDS deducted by the various person.Further to Confirm your TDS amount you can download form 26AS from Income tax site.
22 March 2012
file ITR IV with the Assessing oficer within the due date.Visit the IToffice and know the details of range etc obtain ITR IV and file return for obtaining refund
Message likes :
1 times
22 March 2012
Thanks for ur reply. Company has sent me form 26AS mentioning all the details of deductions made. Also it shows AY -2012-13. How do i know the due date.
23 March 2012
Dear Kamal
Due date for filing of Income tax return for individual assesee is 31st july 2012. so you can file your IT return on or before 31st july 2012. further you need not to visit income tax office you can file your return Online.
Due date for filing of Income tax return for individual assesee is 31st july 2012. so you can file your IT return on or before 31st july 2012. further you need not to visit income tax office you can file your return Online.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Payment of bonus act - notice pay recovery
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
