14 March 2015
If the bank has deducted TDS on intrest on FD @20% because of non availability of PAN, now subsequently the PAN has been provided, but the department refuses to refund the excess deduction till the bank files a correction statement, but the bank refuses to do so,my question is has the assesee any right as per law to enforce such correction statement, and if not then how could he get the refund.
14 March 2015
if you are not liable to pay tax then ur tds wil b refunded dear
Querist :
Anonymous
Querist :
Anonymous
(Querist)
15 March 2015
sir, the problem here is that the bank(the deductr) has already filed its return in which it has not mentioned the PAN of the deductee..now the deductee files his return so how he will get the refund, because his PAN has not been mentioned in the return of the deductor...