Easy Office
LCI Learning

TDS Refund


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 January 2011 Hello Experts
First of all want to Wish................... a very Happy New Year 2011

&
There is a situation with one of my friend
His father was died in a road accident by a DTC bus.
They file a suit against the driver
and after 5 yrs they got their compensation from the driver and also from the insurance company after deducting TDS of Rs. 45000

The money after deducting TDS is transfered in the account of my friends' mother who is a pensioneer

Now my question is how they can claim TDS refund.


Please guide me by a detailed procedure.

Thanks

06 January 2011 file IT returns in her name and if her income is below 1.9lacks per annum she can claim full amount TDS. If income is more than 1.9Lacks it can be adjusted with tax payable.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 January 2011 thank u so much sir...

Sir plz also tell me whether lump sum
compensation reced by them is exempt. If yes then under which section of IT Act
&
for claiming refund she has to file return
on 31st July 2011...




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query