Sushob (FM) (66 Points)
27 June 2011My friend's salarised person, whose company deduct tds for month April @ 20% due to incorrect pan No. Then he correct it. later on tds is deducting as per the rules. His total income afetr chapter iv A deduction is Rs300000. No other income.
(1)Does he get tax refund as per the new notification
(2)what are the procedures for correcting the tds of april
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 27 June 2011
1) yes he eligible to file ITR and get refund
2) ask the company to mention the correct the PAN in tds return
valji
(Accounts manager-MBA)
(2150 Points)
Replied 27 June 2011
Yes tell company to revise the return with correct PAN no so that while filing return your freind get refund
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 27 June 2011
YES HE CAN GET REFUND AFTER FILING RETURN
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 27 June 2011
| Originally posted by : U S Sharma | ||
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1) yes he eligible to file ITR and get refund 2) ask the company to mention the correct the PAN in tds return |
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AGREED.
nitish pawar
(article..)
(176 Points)
Replied 27 June 2011
YES HE IS ELIGIBLE TO GET REFUND ....BUT AFTER FILLING THE REVISED RETURN..
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 27 June 2011
| Originally posted by : U S Sharma | ||
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1) yes he eligible to file ITR and get refund 2) ask the company to mention the correct the PAN in tds return |
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Dheeraj
(Learner)
(1100 Points)
Replied 27 June 2011
| Originally posted by : U S Sharma | ||
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1) yes he eligible to file ITR and get refund 2) ask the company to mention the correct PAN in tds return |
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agreed...
and furthur ask the co. not to deduct this high amt. of TDS (i.e 10%, normal)...
As this is TDS on salary... which is 3,00,000 , ask the co. to deduct TDS around 15,000 (or less than 15,000)
Aparna Raja K.C
(Student)
(520 Points)
Replied 27 June 2011
| Originally posted by : U S Sharma | ||
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1) yes he eligible to file ITR and get refund 2) ask the company to mention the correct the PAN in tds return |
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Agreeee
HARI PRASAD
(M.COM)
(172 Points)
Replied 28 June 2011
Hello to all
Yes, assesse can eligible for refund when he provides the PAN details to the Employer and mention the same on filing revised return againest the previous return.
JHP
pankaj mahendru
(Accounts Manager)
(29 Points)
Replied 28 June 2011
yes he can definitely take refund by revised return of tds by company
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