TDS Refund

Page no : 2

Mukesh kumar tanwar (B.Com. Article Assistant) (68 Points)
Replied 09 July 2011

CHECK THE TDS RETURN FILED BY DEDUCTOR,BECOZ SOMETIMES DURING FILING OF TDS RETURN AMOUNT AND NAME ,ADD. DETAILS ARE OUR BUT WHEN PUTTING PAN NO. THEN ANY ALPHABETIC MISTAKE IS INCURRE PROBLEM OF WRONG TAX CREDIT.

INTIMATE THE DEDUCTOR TO FILE "CORRECTION STATEMENT".

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MANISH JAIN (ACCOUNTS ) (21 Points)
Replied 09 July 2011

Dear sir,

I HAD DEPOSITED MY ITR RETURN FOR ASSESSMENT YEAR 2009-2010 AND ASSESSEMENT YEAR 2010-2011

TDS is going to my A/C. I have verified this from Form26AS.

In view of above, while i am filing returns with Refund Claim, IT Deptt is sending me a Demand Note for Additional Tax a/w Interest. My CA has been replying to the Demand Notes a/w copies of TDS / Form26AS but even after that

I am not getting the Refunds boths two ASSESSMENT YEAR

Please tell us what i do

Thanks

Manish

CA Anand (CEO) (48 Points)
Replied 09 July 2011

CLIENT WILL NOT GET REFUND. IT DEPT. WILL ASK FOR INCOME TAX PAYMENT IF INCOME IS TAXABLE.

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 09 July 2011

Originally posted by : manish jain
	Dear sir, I HAD DEPOSITED MY ITR RETURN FOR ASSESSMENT YEAR 2009-2010 AND ASSESSEMENT YEAR 2010-2011 TDS is going to my A/C. I have verified this from Form26AS. In view of above, while i am filing returns with Refund Claim, IT Deptt is sending me a Demand Note for Additional Tax a/w Interest. My CA has been replying to the Demand Notes a/w copies of TDS / Form26AS but even after that I am not getting the Refunds boths two ASSESSMENT YEAR Please tell us what i do Thanks Manish

1) add the values of amounts which are shown in your TDS ( not TDS amount but the amount on which TDS is deducted), and match that with your ITR filed,

2) if the same is matched, then check 26AS status,

3) if all things are in order then match IOS

hope you will get the error in realtime and would be able to correct the same