Poonawalla fincorp
Poonawalla fincorp

Refund in case only kurri income is there


15 July 2016 Hi,

I am having Kurri (Kind of lottery) income of Rs.100000 on which 30% (Rs.30000) TDS has been deducted and there is no other income, so I want to know whether I will get 100% tax refund and if so then which ITR have to file and how to be filed. When I am trying ITR 2 it is not giving any refund. kindly guide.

Thanks,
Surya

16 July 2016 As I understood, I think its not allowed, i mean as its a special rate I will not get refund and ITR 2 has to be filed. Am I right??

16 July 2016 YOU SHOULD HAVE TO FILE YOUR I TAX RETRUN . YOU CAN GET YOUR REFUND BECAUSE YOUR INCOME IS BELOW TAXABLE LIMIT.


16 July 2016 Ya but when i am filing the return total tax liability is coming to Rs.30000 (30%) as it is taking it as a special rate income.

17 July 2016 show the income in income from other sources



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