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TDS REFUND FOR A.Y. 2017-18

KCI CONSULTANCY (CUNSULTANT) (33 Points)

26 July 2020

DEAR ALL EXPERT SIR,

I HAVE A CLIENT OF INCOME TAX. HIS TDS RS 52000. WAS DEDUCTED IN F.Y. 2016-17, AY 2017-18. WHICH WAS TURN OVER ABOUT 52,00,000. ALSO HE DIDN'T FILED HIS ITR ON THIS PERIOD.

IN THE AY. 18-19 ITR HE WAS CLAIM HIS TDS BUT DIDNOT GET REFUND. SO PLEASE SUGGEST HOW TO GET HIS REFUND???.

His Profit About this Financial year Around 289794. As per His balance sheet Report.

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6 Replies

vikram chouhan (131 Points)
Replied 26 July 2020

Whether he received notice against non filing of ITR

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annu Goyal (1102 Points)
Replied 26 July 2020

Any notice for non filing Or any outstanding demand raised by department for that respective year check on portal
or
Check Intimation for AY 18-19

Pankaj Goswami (CA-FINAL) (422 Points)
Replied 26 July 2020

If he has no tax liability or less tax liability on 52 lacs turnover as compare to TDS amount, than he can go to A.O and file ITR for AY2017-18 after condonation of delay and claim refund in that year.

As per my opinion he will not going to get that refund in ITR Ay. 2018-19. Assuming he has not declared that 52lacs in Ay 2018-19.

KCI CONSULTANCY (CUNSULTANT) (33 Points)
Replied 27 July 2020

There is No Any Notice Regarding Non Filling

KCI CONSULTANCY (CUNSULTANT) (33 Points)
Replied 27 July 2020

But received intimation Regard Extra TDS claim on AY. 18-19.

In the return of A.Y. 18-19 not mention about his 52 lac turn Over.

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Pankaj Goswami (CA-FINAL) (422 Points)
Replied 27 July 2020

KCI what a childish act you have done by not declaring 52 lacs turnover but claiming TDS, now you should forget about that 52000 TDS refund, rather be ready to get the notice in future for Ay 2017-2018, chances are very high.