07 July 2014
My Co-op Housing Society had under taken major repair of the Bdlg in 2012-13 for which we had done TDS given the same thru SBI, we have the challan's.
But did not file return for 2012-13, the company who had done the repair filed the returns by the claim for refund got rejected as my society had not filed the IT Return.
If we (society) file the return now (yr 2014) for 2012-13, can the repair agency claim for the same amount along with the other TDS/IT return this year 2014 and claim refund of the amount? or is the amount lost?
08 July 2014
You have to file the ETDS return for the respective Quarter. Then only the refund will be sanctioned to that company. For this too, the company has to file an appropriate rectification/refund re issue request to the CPC-Bangalore. Here one thing, you may be issued 234E penalty Notice for late filing of the ETDS return after filing the return.
CAclubindia
