07 June 2013
HI.. One of my client having commission income of Rs.3,50,000 and TDS has been deducted there on of Rs.35,000. Here he can get the TDS refund of Rs.20,000 as upto 2,00,000 income is exempt from Tax. The problem here is, remaining of Rs.15,000 has been already paid in the mode of TDS. He dont want to pay that much of Tax and want to get back the refund of atleast Rs.30,000. Hence what are all expenditure can be permisible to save the Tax in respect of this?? Any help in this regard would be highly appreciated.. Thanking u..
CAclubindia
