05 April 2008
i want to file for income tax returns.im not a salaried person, but self employed.so i keep getting cheques,but all my cheques have a tds cut.so pls help what do i do?
05 April 2008
As per the statements made by u, i feel that u get net amount after deduction of TDS. In such cases, if u think that u r eligible for Refund, u have to file Income tax Return.The return form is ITR 4
06 April 2008
Moreover, if your Gross Total Income exceed the nil rate slab(exemption limit), you are compulsorily required to file your Income Tax Return.
07 April 2008
SALARIED OR SELF EMPLOYED IF THE TOTAL INCOME EXCEEDS THE EXEMPTION LIMIT UNDER IT ACT,ONE HAS TO FILE IT RETURN. WHILE FILING THE IT RETURN ,ONE CAN CLAIM REFUND OF IT IF DUE. R.V.RAO