TDS REFUND.

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

04 June 2010 Insurance has deducted TDS from commission for the past 4 years. I have not filed any ITR

Please guide me how to get the Refund, from income tax, which ITR From i have to file, to each year i have to file ITR or all 4years TDS form should be enclosed in the current year ITR FROMS.

Please advise.

PHANI

PHANI (Expert)
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04 June 2010 Form ITR4 has to be filed for the commission received as the income earned will be treated as income from proprietary business. The time for belated return has expired for the 2years. Hence, the returns for only two years can be filed i.e. for 2008-2009, 2009-2010 assuming the first year of the past four years begins from 2006-07.