incometax return

I have join an institute in 15 may 2011 and leave this institute in 31 august 2010. my monthly salary was 51000 and the institute deduct the TDS from my salary, and after that i do not join any other job due to some problem. so my total income for year 2010-11 is near about 180000. please tell me hw much amount can be return from my TDS. thank you

asked Jul 23 '11 at 17:02 by Ashfaq Ahmad 1●1●1

One Answer:

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You will have to file income tax return and then only you will be able to get refund for TDS amount deposited.

As your total income in 2010-11 was 1.8 lacs. Considering you did not had any saving for tax deduction, taxable salary will be just 20,000 and Rs 2000 will be income tax on that (plus 3% edu cess). Whatever amount is extra than this can be got as refund after return filing.

answered Jul 24 '11 at 01:10 by Pankaj Batra 5.2k●3●20

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Asked: Jul 23 '11 at 17:02

Seen: 2,066 times

Last updated: Jul 24 '11 at 01:10

incometax return

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