IT Refund NOT claimed as per Forrm # 26AS AY 2010-11

This query is : Resolved

Nilesh Gajjar (Tax Pract.) (Querist)
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16 June 2011 Good Morning Friends,

There is one query regarding Income Tax Returns. One of Father & Son Assessee had filed their returns on 22/03/2011 in their Individual Capacity But in father’s case he has billed all Labour Bills to MNC but the MNC had deducted the TDS on his Son’s PAN No. & while filing the son’s returns form # 26AS reflecting the same but actually it is income of his father & even all cheques were received in son’s bank account. MNC is not rectifying the ETDS Returns.

Now Nor Father or Son both claim the IT Refund in their Returns filed. So how can the Form # 26AS refund can avail? Who is eligible for that IT Refund?

Shall Revised Return option is open?
Nilesh H Gajjar

Abhishek Ranjan Singh

Abhishek Ranjan Singh (Expert)
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17 June 2011 Dear Nilesh,
IF cheques are received in son's bank a/c than how can you say that it is father's income?
IT IS SON'S INCOME
SO filed the revised return for both and claim the refund in son's return.if return is already assess and assessment order is passed than file the rectification.

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