Please Help: SCHOLARSHIP RECEIVE
Posted Date : 06-Aug-2011 , 09:14:44 pm | Posted By: Sashi
Category :
Income Tax | Answers :
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Comments :
6| Hits: 515
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dear sir,
my friend recive scholarship rs 21600 (after deduct TDS rs 2400).my question is can i tds refund or not? Kindly clarify me. thanks in advance. |
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Answers:
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 Answer by: CA. MANISH MALHOTRA |
| Yes Refund can be claim.
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| Answer by: CA. Sachin Data |
| yes dear....refund can be claimed in the given situation.
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| Comments |
| Posted By : Sashi |
09-Aug-2011, 08:42:56 |
| thanks sir, |
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| Posted By : CA VIPIN GARG |
08-Aug-2011, 08:53:34 |
| Yes, definitely you can claim as answered my other friends and respectables...... |
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| Posted By : CA SUBHASH KR. |
07-Aug-2011, 04:09:49 |
| Definately, You can claim refund of TDS by filling return |
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| Posted By : Ashish Karundia |
06-Aug-2011, 10:45:06 |
| Yes, you can claim the refunded t by filing ITR-1. It may be noted that scholorship income is exempt under Section 10 of Income Tax Act.
None the less, the schlorship received is less than the initial exemption limit (i.e rs. 160,000/-), therefore,no question of taxing the same.
I hope this serves your purpose. |
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| Posted By : Ashish Karundia |
06-Aug-2011, 10:45:06 |
| Yes, you can claim the refunded t by filing ITR-1. It may be noted that scholorship income is exempt under Section 10 of Income Tax Act.
None the less, the schlorship received is less than the initial exemption limit (i.e rs. 160,000/-), therefore,no question of taxing the same.
I hope this serves your purpose. |
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| Posted By : Ashish Karundia |
06-Aug-2011, 10:45:05 |
| Yes, you can claim the refunded t by filing ITR-1. It may be noted that scholorship income is exempt under Section 10 of Income Tax Act.
None the less, the schlorship received is less than the initial exemption limit (i.e rs. 160,000/-), therefore,no question of taxing the same.
I hope this serves your purpose. |
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