TDS on Swiggy, Zomato, Domino's, and other Riders
Applicable to riders when they work on a contract basis (194c Section).
If provided a PAN Card and its link with an Aadhar card, 1%.
If no PAN is provided or aadhar is not linked - 20%.
Applicable to Restaurant Partners: 194-o 1% of the gross amount.
When TDS is Refundable
When your total income is less than 5 Lakh rupees in a year then there are no Taxes in India so you will get 100% full TDS Refund.
For Business or Restaurant for Proprietors the same above case is applicable and for others depend on the entity. If Tax Liability is less than TDS then you get the refund.
How to Claim this TDS Refund
You need to File Income Tax Return before the Due Date.
FY 2023-24 ( 1st April 2023 to 31st March 2024 ) AY 2024-25 ITR Filing Last Due Date - 31st July 2024.
Right now for FY 2022-23 ( ( 1st April 2022 to 31st March 2023 ) AY 2024-25 ITR Filing Last Due Date - 31st July 2024 and
Belated Due Date 31st December 2023.
