Refund of income tax deducted from salary

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Dear Sirs,

One my client having a propertior firm and having income from salary. His employer have deducted TDS from his salary Approx. 8 Lakh and now in his firm there is loss for 22 Lakh. Now can we get refund of TDS deducted from his salary in ITR.

Please confirm.

 

Rajesh Pandey

Mobile: +91 9818704337 

Replies (3)
No...

If the TDS is calculated as per salary after all deductions. It will treated in Salary head. No way for claiming business loss....

Thanks Sir.

 

if the employer had deducted TDS and deposited in the department, it will be refunded after filling of return and if the TDS is deducted and not submitted, the liability lies with the employee. 

www.financialcontrol.in 

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