TDS its urgent plz reply me..

511 views 3 replies

my brother is working for IBM he got job through a Consultancy so the monthly salary will also be remited by them only...

they have issued a Form 16A for TDS u/s 194J 

instead of issuing form 16 i.e for salaries u/s 192B 

so my question is weather the return must be filed under Income from Salaries or Under Income from Profession

and one more thing now he is entitled to get refund are there any chances to get more refund i.e how can the return be filed in order to get more refund.........

he is  paying a rent of 3000Pm can he show as deduction 

 

Please Reply me its urgent

Replies (3)

Return will be filed taking into account income as income from business & profession.

You can show expenses of conveyance, having luch and their like.

Rent if being paid for residence place can be claimed u/s 80GG upto Rs. 2000/- per month but not as business expense.

Thank u Aditya...

You can also thank by using the thank user icon below the name.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register