Whether aseessee is eligible to get refund of TDS made @ 20% by the Banker on interest . if Yes, pl. mention the section
Ramakrishna Bhat (OWNER) (57 Points)
17 January 2012Whether aseessee is eligible to get refund of TDS made @ 20% by the Banker on interest . if Yes, pl. mention the section
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 18 January 2012
20% TDS means non furnish of PAN
here the bank can not issue form 16A with pan details, and it can not be reflected in 26AS, so the question of refund does not arise
if bank revise their return and put your pan in their tds return, then its possible