What to do if tax is deducted but the ultimate tax liability of the payee is nil or lower than the amount of TDS? - Tax India

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Friday, February 16, 2018

What to do if tax is deducted but the ultimate tax liability of the payee is nil or lower than the amount of TDS?

 What to do if tax is deducted but the ultimate tax liability of the payee is nil or lower than the amount of TDS?

​​In such a case, the payee can claim the refund of entire/excess amount of TDS (as the case may be) by filing the return of income.

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