How to reimburse TDS(Tax Deducted at Source)?
I am getting monthly stipend of RS11,500. But still my
employer deducting 1300 pm as TDS. They said they will issue
form 16A to reimbruss. Please tell me the procedure to get
my money back.
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Answer Posted / r.sathyanarayanan
Actualy no need to deduct Tds from your salary, because you
earning only Rs.11,500/- (i.e Rs.11500 x 12 months =
1,38,000/-), As per Income Tax Rules Up to 1,50,000/-p.a
there is no tax. now already your employer deducting tds
from your salary, for that they will issue tds certificate,
after that you consult with your auditor.
| Is This Answer Correct ? | 8 Yes | 7 No |
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