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my tds has been deducted for financial year 2008-2009,will
i get tds certificate for that and when,what is the use of
the certificate
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Answer / k.ravi
Yes, you will get Form 16/16A at the end of the financial
year. This certificate is useful in filing your income tax
return. The total tax liability as per your tax computation
will get reduced to the extent of TDS amount shown in Form
16/16A. The remaining balance of tax you have to pay or get
refund as the case may be.
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