refund of tds deducted in fy 2015-16
Priyanka Jain (36 Points)
29 September 2018Company 'A' was rendered certain service by Company 'B' in fy2015-16, tds u/s 194c was deducted with delay such that the Company 'B' had already filed its income tax return without considering that tds amount of rs. 15 lakhs.
after filing of return by Company 'B', the company 'A' filed its Tds returns for all the quarters of FY2015-16
The Company 'B' came to know about the TDS deduction in FY2018-19.
Now can the Company 'B' claim refund for the TDS amount of rs. 15 lakhs of FY 2015-16?
Please tell the procedure also.
Thanks in Advance.. Have a wonderful day..