1065 (Tax) How much tax credit do you have available for financial - TopicsExpress



          

1065 (Tax) How much tax credit do you have available for financial year 2014 15? Case Methodology - Harvard case model Video Link - https://youtube/watch?v=CRHc6pgyuFc So i am a salaried employee working with BHEL , having some small Fixed deposits ...thats all ...i was curious to know whether my company deductor is deducting proper TDS under section 192 and whether the bank has deducted proper TDS under section 194 A at 10 % ....in short when the year ends and i have to file return having to pay tax for my income , i will be usi9ng the tax credit available to my account ...i saw that in my tax credit statement that i had salary TDS of 53000 and FD TDS of 3500 i.e i had total tax credit of 56500 rs available ! If tommorrow i have tax liability of 70000 i can use this tax credit and still have to further build my tax credit by paying income tax inform of self assessment or advance using challan 280 to meet the differential tax
Posted on: Fri, 12 Dec 2014 18:01:20 +0000

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