Query: - Now, for How Many years we can file the returns for Mother and take the refund of TDS deducted?
How should we treat the income of Children and file the return and take the rufund of TDS deducted as TDS is deposited by the bank on the children PAN itself?
Can we use 15G form for the bank to not deuct their TDS?
Note: - After Clubbing all the incomes their income is never taxable from last Twelve years.
08 May 2012
01. You can file for Asst. Year 2011-12 and onwards. 02. You can use the appropriate form for NON deduction of TDS. 03. For the earlier year's refund, you need to make a representation application to CBDT. In genuine cases CBDT instructs the concerned ITO to issue refund.
23 May 2012
CBDT has issued a circular u/s. 119 for balated refund claim upto Rs. 100000/- F No. 225/208/93/ITA-II dated 10-12-93 See 204 ITR (154-155 Sta)
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