Answer Posted / rupesh
The purpose of deduction of tax at source is to bring more persons in to net of income tax. The rules for income tax deduction at source have been framed in such a manner so that tax evasion can be controlled. However, if the income of any person is not taxable and the tax has been deducted at source, he can claim for refund against the tax deducted at source from income tax department after filing the annual income tax return.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
What is invoice accounting rules?
Short answer on Amalgamation
how we could adj. the entries of prop. & firm in merging time
Expand BEMS
How i pass the share holders capital entry in Tally? How to set this option in Tally?
Can I check my Vantage credit score range online?
what types of essays are giving in bank of america. can any one tell the opics? LAVANYA
Expand CCIT?
Expand---------OST
WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?
PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally
can any one send me payables real time scenarious or any projects
why you want to join the banking and finance industry?