REFUND OF TDS DEDUCTED
This query is : Resolved
11 June 2016
my father doesn't have pan at the time when bank deducted tds @ 20% On interest. but currently my father has pan and he want to claim refund of tds.
now bank give form 16 a from its software not from traces.
I have filled my father return claiming tds.
can I get the refund or not.
please help
11 June 2016
Bank has deducted 20% tds that means they have also filed tds return without PAN of your father. So tds credit will not gone to your father's pan and without checking credit of tds in 26AS if you filed your return then refund will not received by you. but if you ask bank to revised return with your father's pan then refund will be possible.
Message likes :
2 times
11 June 2016
can i filii retification request 154 attaching the scan copy of form 16A
11 June 2016
No you don't have to file rectification. first ask deductor (bank) to revised tds return and before revised return income tax department processed your case without refund intimate. then only you have to file rectification without adding anything just saying reprocess the case. by doing this if bank revised tds return and IT dept. reprocess the case you will be able to received your refund then.
Message likes :
1 times
11 June 2016
thank you sir for your advice.
19 June 2020
Always Welcome...!!!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
