Iam 1 truck owner and tds diduct in my trucks bills.How can
i refund the tds amount. if any forms to do this.pl tell
me.

Answer Posted / vinay kumar kharbanda

First of all you have to take PAN number which is to be
allotted by Income Tax department through UTI or NSDL
centre. Then you have collect Form 16A certificate of Tax
Deduction from your transporter/company who have deducted
your income tax then you have to retain it with you upto
31st March of following year. After 1st april you have to
file income tax return in which you have to show your
income if your income is below taxable limit then you can
claim for refund from Income Tax Department. The department
in turn on assessment transferred the refund amount in your
specified bank account or provide you refund cheque.I think
my suggestion will be useful for you to solve your problem.

Is This Answer Correct ?    7 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How much is the VAT in UAE

933


what is fbt@ ,sd @

1726


Explain the procedure to calculate provident fund, esi, vat and sales tax.

689


WHETHER VAT IS APPLICABLE IN FIRMER TRACTORS ? WHETHER VAT IS APPLICABLE IN NORMAL TRACTORS ? PLEASE NOTE THAT I HAVE PURCHASED IT BY PAYING VAT.

1825


What is form c & d in sales tax?

716






Please guide us about Forms and where is it will use i.e.Form C, Form h, Form F. if other form has please guide us about of that Forms?

1578


We need to know is their any govt notification for VAT & Service both applicable for one item or single invoices

1740


a x company deduct tds against our bills so how i entry this type of transaction in talyy 9.0 ?

3202


I want PTR Number and I am working professionaly related documents i have but officer asked me to bring any business commencement proof. here,I have no business? so what proof i will give to him.

6815


What is the procedures for withdrawing of form C?

1763


what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?

5116


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%.

1696


how we issue the road permit to seller for receiving the rearing material

1907


At what rate firms are required to pay tax on their income?

782


Company A from Maharashtra dispatch material directly to company C in Maharashtra & Billed to Company B in Karnataka. Co. A raised billed to Co. B charged local VAT., Co. B raised bill on Co. C tax rate NIL. Can Co. C claimed on VAT amount ?

1380