tds on professional services

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 July 2010 dear all,
i have a case where in tax has been deducted for prof services of rs. 49000 for fees of 490000u/s 194j. now while filing the return can i claim expenditure from this fees like salaries etc, and as a result of which claim refund of the tax deducted.

19 July 2010 Yes....It is your business income and you can claim expenditure as mentioned above by you.

20 July 2010 YES AGREED WITH SANJAY, AND IF UR TDS IS DEDUCTED MORE THAN LIABILITY THEN CLAIM REFUND




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