05 July 2015
Mr X working with MNC. His TDS for FY 2013-14 & 2014-15 Rs4000 & 30000 Respectively.He Never file any IT Return.He want to refund excess TDS. He Received income U/S194J (Fees for professional & Technical Service) of IT act 1961. 1)How he get Refund? 2)Which ITR form he should selected? Note: Form 26AS Also show Above Tax Credit
05 July 2015
1. File Income Tax Return in ITR4 to get the refund. 2. For FY 2013-14 you can file belated return u/s 139(4) upto 31.03.2016 subject to a maximum penalty of Rs 5000/- u/s 271F. 3. For FY 2014-15 due date of filing of return is 31.08.2015.
Remember that return filed after due date can not be revised.
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