18 March 2017
i won rs 25000 in quiz. they deduct tds 30% on such income and paid rs 17100 to me. but when they submit form 16A to me they had shown amount paid rs 28000 to me and depoist tds rs 8400 with the Central govt. is there any remedy to claim balance 2500(19600-17100).
second can i took refund of rs 8400 by filling itr or this is taxable income as i do not have any other income.
18 March 2017
Since winning from quiz is casual income taxable at flat 30%, hence there is no question of refund. However, when you file your ITR, TDS deducted is adjusted from tax amount, if TDS deducted is more than your actual tax only such cases are eligible for refund.
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