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TDS Reimbursment?
Iam 2 tipper owned small transporter and TDS diduct in my
transport bills. can any body tell me how can i reimburse
my TDS and what are the procedure for reimbursment and what
are forms, papers to be required, tell me please.
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Answer Posted / satyanarayana raju
Under Estimated Income Scheme You can compute your annual
income as Rs 84000/-as calculated @Rs 3500/- per each
tipper per month.You can get back the total TDS by filing
your tax return before the income tax authorities before
31st July 2009.More over you can escape legally from TDs
deduction by filing form no.13with a request for non
deduction of Tds explaining yourself as your below taxable
limit of Rs 150000
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