192 TDS and rebate u/s 87A rs 2500
Nidhi M (account manager) (51 Points)
29 May 2018Nidhi M (account manager) (51 Points)
29 May 2018
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 29 May 2018
DEDUCT AND TAKE REFUND VIA FILING ITR
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 29 May 2018
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 29 May 2018
AGREED WITH RAJA G
AND AS I IGNORE THE SEC SO REPLIED ACCORDINGLY
CA. Siva Nagaraju
(Practicing Chartered Accountant)
(560 Points)
Replied 29 May 2018
No need to deduct TDS. Every year CBDT issues circular having guidelines of computation of TDS under S. 192. The circular released for FY 2017-18 clearely states that the rebate U/s. 87A can be taken.
Reference : https://www.incometaxindia.gov.in/communications/circular/circular29_2017.pdf