tax -reg

This query is : Resolved

S SENTHILNATHAN (Querist)
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01 July 2009 A company had paid the FBT tax wrongly in tax challan no281 mentioning TAN number for the asst. year 2007-2008. Whether it is possible to receive refund from IT dept. OR whether it can be adjusted for forth coming year(i.e AY 2010-2011) TDS payment.

NISHIT A. DOSHI

NISHIT A. DOSHI (Expert)
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02 July 2009 First of all,you have to write a letter containing the fact that you have paid your fbt through challan no.281 instead of 283. This letter is sent alongwith all copies of challan to the ward where your client is assessed. Moreover,you have to send this letter to nsdl pune. At the same time,one copy of such letter alongwith proofs should be attached alonwith the return of income so as to claim tax paid as fbt and not tds.
I have recently come across to such issue in my office and i have done the same procedure.
I think there can not be any refund or adjustment in the coming year.

With Regards,
C.A.NISHIT DOSHI