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Tds refund not reflected in itr-v

nagarajan (Accountant) (191 Points)

22 September 2015

Dear sir I Efilied my Return ITR-IV, for FY 2014-15 (by self). In TDS column i mentioned Rs.16,542 (FY2012-13) and current year TDS Rs.15,040 (FY2014-15) and the total amount Rs.31,582 in carried forward column under form 16A, which was reflected in TDS2 (16A). There is no income for the FY 2013-14 and in both FYs ( 2012-13 and 2014-15) the Taxable income is below the Taxable Income. In ITR-V TDS under tax paid column is reflecting 0. But actually TDS (16A) for currnet year is Rs.15,040, but it is not reflected in ITR-V but it is reflected in ITR-IV under TDS 2 column. (ITR-IV is formed as auto filling, which was download from Income tax e filing site) what can i do? can i take print out of ITR-V (which did not reflect TDS Refund) and send it to Bengaluru? ( e filed without digital signature) Please guide me.

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13 Replies

Miss Rinkal (Student) (1309 Points)
Replied 22 September 2015

Please explain your problem in depth and step by step. Actually I am getting confused by your question

Only thing that I have understood is that you have filed your return and itrv is not yet sent? The itrv is to be sent to CPC bengaluru. Alternately it can also be everified

Irrespective of any mistake in your return filed it should be either sent to bengaluru or to be everified.

Please explain your further doubt so that it can be solved in the best possible manner

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Udgam Koomar (Tax Technologist) (1949 Points)
Replied 23 September 2015

If you have used excel utility, make sure macros are enabled. Start filling each section and then simultaneoulsy keep checking if the main sheet is getting populated. Verify the sheet

know your self (knowledge is power of student) (98 Points)
Replied 23 September 2015

Kaardaata yaar may be he enabled macro since he uploaded return if macro not enabled then X M L also not get ganrated Nagarajan Download ur full itr return not acknowledgement and see where ur make mistakes By changing each section and see effect as mentioned by Kaardaata

S. Shiroor (Others) (1207 Points)
Replied 23 September 2015

Did you mention TDS in FY 12-13[AY 2013-14] and C/F to AY 2014-15.

Again in AY 2014-15 did you mention that TDS and carried over to AY 2015-16.

I am not sure whether you can c/f from AY 2013-14 [Fy 2012-13] directly to AY 2015-16.

Even if the taxable income is below limit you should have filed return and consumed TDS and claimed refund in AY 2013-14

nagarajan (Accountant) (191 Points)
Replied 23 September 2015

In ITR-IV, in TDS column (sheet), i mentioned c/f (unclaimed) TDS ( Rs.16,542 for FY2012-13) and as well the current period TDS.Rs.15040 and total Rs.31,582. This ITR-iv is enabled XML and also generated. After e filing, i download my ITR, which reflect in TDS Sheet, the TDS amount Rs.31,582 ( ie., Rs.16,542 and current TDS. Rs.15,040), but it didnot appear in Computation of Income sheet, under Tax paid column against TDS (Rs.15,040). Also in ITR-V, TDS Rs.15040 ( for FY2014-15), is not appeared.

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Miss Rinkal (Student) (1309 Points)
Replied 23 September 2015

When in TTI Schedule only, it was not appearing why did you file your return then?

Your itrv is a brief summary of schedule tti. In tti schedule it is not appearing then in your itrv also it won't appear

S. Shiroor (Others) (1207 Points)
Replied 23 September 2015

Mr Nagarajan plz answer the following - so that neat soluton can be given

1) did you file IT return for FY 2012-13 [AY2013-14] and mentioned the Tax credit and claimed NIL

2) did you file IT return for FY 2013-14 [AY 2014-15] and mention the tax credit of previous year and "amt claimed this year" as NIL

If 1 is true - you can claim in s.no 2

if 1 & 2 both are true then you can claim in AY 2015-16

I have half understood what you are saying.

Miss Rinkal (Student) (1309 Points)
Replied 23 September 2015

Can you please provide here the snapshot of your TDs schedule and tti schedule

nagarajan (Accountant) (191 Points)
Replied 23 September 2015

i filed ITR-IV manually for the FY2012-13 and mentioned Tax credit. This time only i filed both for the FY2013-14 and FY2014-15, since no income during the FY 2013-14. In ITR-IV for the FY 2013-14, i forget to mention the earlier amount Rs.16542 as carried forward in TDS schedule ( Form 16A) But, In ITR-IV, for the FY2014-15, i mentioned both the TDS for FY2012-13 and for FY2014-15. i also mentioned amount claimed as 0 and carried forward as Rs.31,582. But it(Rs.15,040 for the FY.2014-15) is not reflected in TTi as well in ITR-V.

S. Shiroor (Others) (1207 Points)
Replied 23 September 2015

1) did you get assesment info about FY 2012- 13[AY 2013 14] . if you have not got you have to go to AO ward and tell them to scrutinize ur ITR. and tell them about TDs.

2) did you get assesment info about FY 2013-14 [AY 2014-15]. Or have you filed it now.

I suppose Yes.

3) Since you have claimed Nil this year FY 2015-16 and c/f all the 31582. This will not reflect in your ITR [Full pdf file of ITr return you must have down loaded]. Only that tax which is claimed will be seen

You should have mentioned the Tax credit of AY 2013-14 [claimed nil in that year] in AY 2014-15 and again claimed NIL .

I am telling that in AY 2013-14 even if your income is nil you should have claimed refund and finished it off. You shuld not have carried over. what was the reason to carry over. Only reason can be the corresponding income pertaining to TDs is not actually received by you.

This is the problem with Cash Vs Mercantile.

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S. Shiroor (Others) (1207 Points)
Replied 23 September 2015

OH ! it is form 16A and not Form 16.

Even if ur income is below taxable limit or even NIl you should claim the TDS in AY 2013-14.

Now that you have uploaded both AY 2014-15 and AY 2015-16 you cannot revise it unless you have filed b4 7th sept 2015. You have to wait for assesment info. Once that comes in you can rectify the return claim tax credits in respective years.

nagarajan (Accountant) (191 Points)
Replied 23 September 2015

Thanks to all for spending your valuable time for the replies. Since this is the first time to file the return thr. e filing. I found the mistake that i have to claim all the TDS amounts instead of carried forward. If is not possible to correct and claim within this year, I will claim in the next year. Once again thanks to those who replied me.