my mother is senior citizen and house wife, after father death his money is invested in SCSS, but do not file return earlier now the tds is deducted on interest . can she file a return and get tds refund
Ans: Person earning income of more than 2.5 lacs is required to file ITR. Further, Income Tax Return filing compulsory for a person other than the firm, company or an organisation whose TDS (Tax Deducted at Source) during the previous year is 25,000 rs or more than it.
If taxable income is below 5 lacs, she will be able to claim TDS refund in FY 22-23