23 July 2010
i have refund of 610 as the amount of TDS... my Que. 1. Can i claim it in nxt A.Y.? 2. What is d procedure of gettin amt directly in my bank Account. 3. How Much time it would take to get d refund? 4. What is the procedure of getting refund through Cheque. 5. Which is Better way to get refund through cheque or directly deposited in account.
23 July 2010
Hi, Reply remains 1) No 2)Put your bank details in IT Return 3)6-8 Month9If every thing is O K) 4)No need to put Bank Details 5)Drect cr is better option
29 July 2010
what if I file my Return next yr... can i hv claim for the TDS deducted this yr in next yr when i file my return... and tht wud be my first return...
31 July 2010
No you cant claim TDS next year. To claim TDS as refund you should file the return for year for which TDS was deducted. Say if TDS was deducted in respect of Income of FY 2009-10 then you have to file the return for FY 2009-10. You can claim TDS even if you file belated return. So please give details about the year in which TDS was deducted.
01 August 2010
my details are as follows sir.. TDS Deducted Amt. = 618 Date of Payment = 30.03.2010 Period = April 09 - March 2010 Nature of Payment = Insurance Commission I have not filed any return yet... this would be my first Return... so i m asking that what if i dont file my return this year and file it next year.. and claim for TDS of 2009-10(PY) in the return of 2009-10(PY) and TDS of 2010-11(PY) in the return of 2010-11(PY)... i mean to say that i will not claim my TDS of this year in the Return of Next Year
You can do that. You will have to file the return for PY 2009-10 in order to claim the TDS as refund. The due date for return is now extended till 4th August 2010 for the return of PY 2009-10. Even if you cant file the return within due date you need not worry, you file your belated return u/s 139(4) till 31.03.2011 and still claim refund of TDS.
05 August 2010
Yes. Due date of Belated Return u/s 139(4) without penalty (Rs.5000/-) is 31.03.2011 and with penalty 31.03.2012. So for claiming refund it is better to file on or before 31.03.2011.