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.

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