Tds refund for excess deposit

This query is : Open

Guest

Guest (Querist)

26 December 2014 My client has deposited TDS twice for the year 2012-13 and 2013-14 when actually it was to be deposited for one year only. Subsequently, after several follow up with the department, no refund was issued till date. Form 26B is not available online and therefore it cannot be used on TDSCPC(traces). Also, ward AO doesn't have power to release refund. Please help.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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26 December 2014 Good news for all deductors ,Tin-NSDL has released New FVU 4 which is mandatory wef 01.10.2013.In New FVU version 4.0 new validations has been added .However a new validation provided under this FVU 4 is beneficial for deductor, under which Deductor can also insert challan deposited in immediate previous financial year .

Suppose you are filing e-tds return for financial year 2013-14 ,then you can also enter challan deposited in immediate previous financial year i.e FY 2012-13 .All challans deposited after 01.04.2012 can be entered in etds returns filed /to be filed in Fy 2013-14.