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How can I get my money back from deducted TDS?
How to Claim TDS Refund Online?
- Sign in or sign up on the online e-filing portal of the Income Tax Department, i.e. incometaxindiaefiling.gov.in.
- Fill in the relevant details in the applicable Income Tax Return (ITR) form.
- On submission of the ITR, the portal generates an acknowledgement.
Is Dream11 TDS refundable?
You’re not allowed the benefit of exemption limits and expenses on this income. So, the entire Income will be taxed. So, you won’t get a refund.
How can I get TDS certificate from Dream11?
Within 3 months from your date of winning, only if you have a PAN verified Dream11 account. We’ll send your TDS certificate to your verified email ID. PS: There might be delays in the above timelines from the government’s side because of the ongoing COVID-19 pandemic.
When can I claim my TDS refund?
Usually, if you have filed your ITR on time, it takes approximately 3 to 6 months for the refund to be credited in your bank account. The time it takes for the refund to be credited also depends on the completion of the e-verification.
What is TDS Dream11?
According to the Dream11 website, A tax of 30\% is deducted at source when a user wins more than ₹10,000. The remaining amount (after tax deduction) gets credited to the Dream11 account as ‘winnings’. Users also get a TDS certificate if they have verified their PAN card.
Who is applicable for TDS?
When should TDS be deducted and by whom? Any person making specified payments mentioned under the Income Tax Act are required to deduct TDS at the time of making such specified payment. But no TDS has to deducted if the person making the payment is an individual or HUF whose books are not required to be audited.
How can I know my TDS return token?
When you file your TDS Return, you will get a confirmation Statement of TDS under section 200 (3). This statement contains your token number (Provisional Receipt Number) — a 15-digit number that you need to store securely. The Token Number is required for: Downloading Form 16 or Form 16A from TRACES.
What is current TDS rate?
TDS rates applicable for resident of India
| TDS Rate (\%) | TDS Rates from 01.04.2020 to 13.05.2020 | TDS Rates from 14.05.2020 to 31.03.2021 |
|---|---|---|
| 5 (w.e.f 01.06.2016) (10 \% from 01.04.2015 to 31.05.2016) | 5 | 3.75 |
| (a) 2 (b) 10 | (a) 2 (b) 10 | 1.5 7.5 |
| 1 5 (w.e.f from 01.06.2017) (If payment of Rent exceeds Rs. |