refund & revised return

This query is : Resolved

cvmashru (Querist)
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25 June 2011 An assessee files his return of income regularly and that is before due date. He has made investment in bank's F.D.. He shows full bank's F.D. interest as his income. He files form No. 15-G regularly. Unfortunately bank has made TDS and issued Form No. 16-A for A.Y. 09-10, 10-11, and 11-12 in June, 2011. So my questions are :

(1) What remedies available to assessee to get refund ?

(2) As there is no change in income , can he files Revised Return to claim refund ?

(3) Whether for this purpose can he should revised the accounts ?

Note : Return of A.Y. 2011-12 is already filed.

CA. Krishna K Neeraj

CA. Krishna K Neeraj (Expert)
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26 June 2011 For AY 2010-11 & 11-12, you should revise your ITR so that income be included and TDS should be claimed

If income in TDS is included in the income filed in ITR, even then he can claim refund by filing REVISED return