information regarding procedure for getting ITax refund

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PARAMJIT SINGH (Querist)
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25 September 2009 R/sir

This is paramjit singh, requesting all the income tax professionals/practicioners regarding the income tax refund procedure.

i have question for my xams th question is as follows:

A PERSONS HAVE GTI = 190000/-
DEDUCTION U/S 80C = 42500/- (ULIP INS)
NET INCOME = 147500/-
TAX PAYABLE IS = -- NIL --
TDS DEDUCTED (IN FY 2008-09) IS 17850/-

NOW THE QUESTION IS WHETER THE ASSESSEE IS ELLIGIBLE TO HAVE TAX REFUND WHICH WAS PAID IN FORM OF TDS.

HOW CAN THE ASSESSEE GET REDFUND OF HIS INCOME TAX PAID AS TDS.

PLS REPLY AS SOON AS POSSIBLE

THANKS

WITH REGARDS

Ratan Sharma

Ratan Sharma (Expert)
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25 September 2009 Hi,
File your return of income as per the computation of income given by you. Claim the TDS credit in your return of income. You will get the refund from IT Department .

PARAMJIT SINGH

PARAMJIT SINGH (Querist)
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25 September 2009 sir the party ahve filled the income tax return for the said ay in wihc the above income is earned.

so how much time does take by incoem tax dept for making pymnt of tax refund

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CA SANJAY MUKHERJEE

CA SANJAY MUKHERJEE (Expert)
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27 September 2009 You can follow up your case after the end of the relevent assessment year, i.e. for current A.Y. you may follow up with concerned I.T.O. office in April 2010 for quick refund.