T.d.s. refund related.

This query is : Resolved

KAUSHIK TIWARI (Querist)
Follow

12 August 2014 I have one client Who had wrongly deducted and paid t.d.s. of Rs.48000/- u/s 194A under the impression that interest is payable. But in fact, interest was receivable on the loan given to same party. And he paid the amt. of interest after deducting the amt. of t.d.s.

thus, we have paid excess t.d.s. of Rs.48000/- by mistake as stated above and we hereby claim the refund of the same.

we have already submitted the Indemnity Bond.

But still we can't get the refund of excess amt. paid.

please help me out from the above problem.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

12 August 2014 you need to talk to ur juridictional ao (tds range) in this case for refund

Rupesh Jain

Rupesh Jain (Expert)
Follow

12 August 2014 you have to talk with your jurisdiction tds department.

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

12 August 2014 you need to file form 26B online...

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

13 August 2014 Check the etutorial from below link-- http://contents.tdscpc.gov.in/docs/e-Tutorial%20-%20Refund.pdf

Agree with Nikhil Ji you need to submit request for refund online in form 26B.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now