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Refund of Tax

Tax queries 755 views 11 replies

CA Arindam Sain

Practice

308 Points Joined October 2007

Hi , I have a query on refund of tax.

One of my friend working in an online tutoring co. say "X" He has worked in that co. for 5 months at a salary of Rs 22000/- p.m. After that, he quit due to exam. and again join another co. "y" for 3 months from jan to march 2010. salary @ 25000/- p.m. Both co. has deducted TDS assuming salary of 12 months devided by 12. where as his total income for P.Y is only 185000/-.

So does he entitled to tax refund which has been deducted by way of excess TDS?

Is it possible to claim this refund by simple tax return filling with TDS details in efilling mode?

Replies (11)

prathamesh shelar

169 Points Joined October 2008

Yes He Is Entitled To Refund

CA Mohit kumar jain

Searching Source of Money

149 Points Joined March 2010

Yes

Krishna

Article Assistant

22 Points Joined November 2009

Yes, he can claim the refund and it is not necessary to file the return electronically to claim refund.

CA Guru M

B.com CA CS

1552 Points Joined October 2007

Hi,

Yes Mr.X is entilted for refund but he has to file the return for claiming refund.

Amit Jain

Proprietor

290 Points Joined April 2009

I agree with all. He is eentitled to refund. However, I suggest e-filling as I have heard that in e-filling, refund is processed faster

vikash rathi

Chartered Accountant

787 Points Joined March 2008

yes entitled for refund...

Chintan Acharya

C.A

27 Points Joined April 2010

Yes refund is claimable.................

Nitin Grover

1228 Points Joined February 2009

Dear Raju

In this case i a person do job only for month or few days and then company deduct tax but tax is payable from that assessee then also he can claim for refund.

Means to say that if ur tax has been deducted above from actual limit then u can claim it as refund.

Regards

Mayank Berlia

Articles

191 Points Joined March 2008

ofcourse he his tax liablity will be refundable!!

CA Arindam Sain

Practice

308 Points Joined October 2007

Thank you very much friends.........................

G.Manjusha

C A Final

59 Points Joined October 2009

Yes i agree with all them because your friend has the eligibility to claim refund and it is better to file the return through e-filing because we can easily update our refund status and we can easily obtain the acknowledgement. By that there is no further matters to getting our refund through e-filing.