Tds refund for tax deducted on interest


03 May 2016 R/All Tds of my client from interest on fd, deducted by bank @20%. Amount deducted is not showing in form 26AS Please let me know how he can claim for refund. Regards.

03 May 2016 Tell bank to revised the TDS Return and issue the TDS certificate. After that this TDS will be show in form 26AS and you can claim it.



Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615

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04 May 2016 Your client not submitted to the bank the PAN No. that is why 20% TDS made and not appearing in 26AS. Submit PAN to bank and ask the bank to include the PAN in TDS return.


04 May 2016 you have to Give PAN to bank and then bank make revised the tds return then TDS will reflect in you PAN 26As. then you can claim the tds.

04 May 2016 It seems that you have not provided PAN to your banker and this is the reason the TDS is @ 20%. Provide TDS and request the bank to revise TDS return. Once TDS return is revised by incerting PAN the same will automatically the TDS wukk reflect in the name of your client.

04 May 2016 We connect with Bank official for the same, but they are saying that CA of bank is not revising Tds return and the fault is on our end as we did not provide PAN no to bank on time. Please suggest what to do



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