17 October 2014
Case Background : ---------------- In F.Y 2010-11, there was a Company that revised its TDS Return because of which already paid TDS remained Unutilised. Company has not yet Claimed the benefit of TDS already paid to the govt but wishes to Claim it in the Current Year.
Query : ------- Is the Company eligible for Claiming the Unutilised TDS amount? If yes, What are the remedial measures that can be taken by the Company? There is a new option of “Request for Refund” available on TRACES site but it has not been activated yet. Kindly respond with proper reasoning supporting the Answer. Thanks & Regards.
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