My client's employer has deducted tax of Rs. 8466/- from his Commission income during financial year 2008-2009. He didn't file the income tax return during relevant Assessment year 2009-2010. Now during AY 2010-2011, his return was filed electronically on 30th March 2011. The ITR-V is submitted on 15-04-2011. Is it sufficient to claim TDS of Rs. 8466/-?
Can TDS of FY 2008-2009 be claimed by submitting ITR-V on 15 Apr, 2011 ?
18 April 2011
You had time of upto 120 days from the date of submission of return to file ITRV. As you have done so within sufficient time, your filing of return is valid and your refund claim will be processed.
19 April 2011
You have filed your return electronically on 30/03/2011 for the assessment year 2009-10 for income earned during financial year 2008-09. Since you have filed your return within time,you can submit ITR-V within 120 days from the date of filing of return electronically. TDS will be refunded in due course.