Answer / suresh_cbe22

Hi,

Please confirm have you joined as a employee for the company
or they treated you as a consultant for the company. If you
are treated as a consultant they deduct tds for professional
Charges. If you are an employee of the company Tds is not
top be deducted from your salary.

Answer / rajni

u should file the income tax return & file for the
duduction of tds it will be refund from income tax dept

Answer / samir roy

I am fully agree with Suresh. Where you have joined they
have treated you as a consultant and giving you
professional fees and deducting TDS as per rules.They will
give you FORM 16A insteed of FORM 16 (Salaried staff)

Answer / pravink

Hi Rajni can u explain how to file IT returns.

Answer / mohammed

You can argue with the company as your income is under
taxable limits i.e. 1,60,000/- a year your company is not
liable to dudect the TDS from your salary. OR You will
have to file your IT Return to get back your TDS Amount.
Better ask your company not to deduct tax

Answer / rajni

ya Mohammed is right firstly you should say to u r Company
bcz u r not liable for deduct the tds after that if they r
not agerr with u u have to file income tax return for
this u have to consult with u r c.a he will file u r itr &
u will definatley received the refund ok dont warry about
it

Answer / mahesh

Hi Pravink,

If the Company has hired on Contract basis (Not as an
permanent Employee) then you are liable for TDS. Check with
the company. If u are on Permanent payroll of the company,
then company cannot deduct from ur salary as TDS.

In the next fiscal year ie after 31-MAR-2011, Company will
give u FORM 16A which shows the information of the Tax
Deducted on ur salary.
Need to Submit to IT Department. IT Dept will refund the
complete TDS amount.

Answer / sourabh

Hi
if company has deducted the TDS of 10.30% then u will get
refund from IT authority at the time of filling your IT
return since your salary income is within limits of
taxable income or suggest company that your salary income
is within limits

Answer / kishan

hi,

How can it is possible, TDS percentage is 1.133% but there
are charging you around 10.3% is it TDS or else Service tax,
and person who get salary of Rs 10000/- not liable for TDS,
so you can ask your company why there are charging TDS on
what bases. okay.

Suppose that a sub-contractor total work done for Rs.100 & he charged 10.3% service tax.Then total gross value will RS.110.30.On what amt you will (that means on total work done or total gross value)charged Retention@10%,WCT@3% & TDS@2%.

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