tds

This query is : Resolved 

25 March 2011 what will happen if tax liability is less than the exemption limit after tds has been done. will it be refundable or adjusted

25 March 2011 You will get credit of the tax deducted and will get refund after adjustment of tax due if any.

26 March 2011 You can claim the refund after the adjustment of final amount of tax




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