My 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
1) yes he eligible to file ITR and get refund
2) ask the company to mention the correct the PAN in tds return
Yes tell company to revise the return with correct PAN no so that while filing return your freind get refund
YES HE CAN GET REFUND AFTER FILING RETURN
| 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.
YES HE IS ELIGIBLE TO GET REFUND ....BUT AFTER FILLING THE REVISED RETURN..
| Originally posted by : U S Sharma | ||
|
|
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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| Originally posted by : U S Sharma | ||
|
|
1) yes he eligible to file ITR and get refund 2) ask the company to mention the correct PAN in tds return |
|
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)
same answer given above
| 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
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
yes he can definitely take refund by revised return of tds by company
CAclubindia
