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tds

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(Querist)
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
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
25 March 2011 You will get credit of the tax deducted and will get refund after adjustment of tax due if any.
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CA.ViVeK M ACA

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CA.ViVeK M ACA (Expert)
26 March 2011 You can claim the refund after the adjustment of final amount of tax
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