Gopi (Engineer) (123 Points)
05 August 2022If there's a TDS on dividend income and if the taxable income is below the threshold, say Rs 2 lakhs,
would the TDS withheld by dividend paying companies be refundable?
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 05 August 2022
Gopi
(Engineer)
(123 Points)
Replied 05 August 2022
Thanks. That's what I thought.
But my account says TDS on dividend (for NRIs) is payable irrespective of income and can't be refunded.
So, I ended up not getting a refund for the TDS though my income was below the threshold. Is there an option to amend the return to claim the TDS?
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 06 August 2022
Yes. Revised Return can be filed.
Regards,
CA. Raj Doshi
*R C D & Co.*
*Chartered Accountants*
*Understanding Entrepreneurs, Transforming Businesses*
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CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 06 August 2022
sabyasachi mukherjee
(27595 Points)
Replied 07 August 2022
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