3 Replies
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 26 July 2015
You will have to ask the bank to upload the updated TDS return.
sunilkumar
(engineer)
(116 Points)
Replied 27 July 2015
Whether i could pay online the refunded tds amount with interest through 280 challan
Yash
(Student CS)
(32 Points)
Replied 20 August 2015
In case of excess deduction of tax at source, claim of refund of such excess TDS can be made by the deductor. The excess amount is refundable as per procedure laid down for refund of TDS.
The difference between the actual payment made by the deductor and the tax deducted at source or deductible, whichever is more will be treated as the excess payment made. This amount is to be first adjusted against any existing tax liability under any of the Direct Tax Acts. After meeting such liability, the balance amount is to be refunded.
For further information regarding tax deducted at source log onto https://www.quicko.com
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