Hello Team,
Got the clear the view from developer end regarding deducting TDS.
Now my developer who has taken our society for redevelpment. He is paying us all hardship money (Incl Rent) and deducting TDS on all payments @ 10% U/s 194 IC
Is this income taxable to me?
If not taxable/exempt ? Can i calim refund of TDS deducted while filing my income tax return
Thank you
CAclubindia
