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Correct tds refund amount

08 April 2015

Total tax showing which needs to be refunded u/s 139(5) is greater than the amount of Tax Refund already got while filling original ITR... In other words when I filed original ITR for FY 2013-2014 I got TDS refund and now when filling revised ITR u/s 139(5) I need to reduce the amount of refund IT department must send to me for TDS as against origianl TDS Refund showing in the form online while filling Revised ITR.... as part of the refund I already got when filled original ITR.

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9 Replies

CMA Poornima Madhava (CMA) (13112 Points)
Replied 08 April 2015

Return can be revised within 1 yr from end of AY or before completion of assessment. In your case, since you have already got refund, I think it cannot be revised.

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Wae Jing Lonthaw (Others) (341 Points)
Replied 09 April 2015

Originally posted by : Poornima M
	Return can be revised within 1 yr from end of AY or before completion of assessment. In your case, since you have already got refund, I think it cannot be revised.

When I filed original ITR the TDS refunded entry and Total Income were of same value, I missed adding zero in the end of total income... now I want to correct this mistake.

Sonakshi Mangla (Employee) (310 Points)
Replied 09 April 2015

You can file the revised return & pay the excess tax amount which have already received through challan 280. Matter will be resolved

CMA Poornima Madhava (CMA) (13112 Points)
Replied 09 April 2015

Below link might help u:

/forum/tds-claim-324533.asp#.VSar1fmUfGA

Wae Jing Lonthaw (Others) (341 Points)
Replied 09 April 2015

Originally posted by : Sonakshi Mangla
	You can file the revised return & pay the excess tax amount which have already received through challan 280. Matter will be resolved

What is the link to Challan 280? I find this under ITR website or Traces website under which Area on website?

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CMA Poornima Madhava (CMA) (13112 Points)
Replied 09 April 2015

https://onlineservices.tin.egov-nsdl.com/etaxnew/PopServlet?rKey=-1488230246

1 Like

Wae Jing Lonthaw (Others) (341 Points)
Replied 11 April 2015

Can I correct TDS details in this matter from Traces website instead of paying back Refund received?

CMA Poornima Madhava (CMA) (13112 Points)
Replied 11 April 2015

You have another option I think.

Refer https://mukeshpatel.in/save-tax-the-smart-way/practical-tips-on-claiming-tax-refund/

and also u/s 155(14) assessment order can be revised to give tax credit within 4 yrs from the end of FY in which the order sought to be amended was passed. Please read about this section for more details.

Wae Jing Lonthaw (Others) (341 Points)
Replied 01 September 2015

where to enter details of deposit sent back as TDS refund with form 280.... Where do I enter details of this form in ITR form? And details of Tax deposited including penalty with IT department?