10 December 2011
Hello I filed a return 2 years back, claiming a refund. Last year, I got an intimation under sec.143 asking me to pay tax, but the office only considered one TDS certificate, and not the other 4. The return was files manually.When i checked it on 26as, none of the cetificates were shown there, not even the one taken by the officer. I have all the original TDS certificates with me Its been 14 months now. can i still make an applicaion for rectification in the initimation? Will i still be liable to pay tax again inspite of the fact that my tax was already deducted and i have original TDS cetificates? Please reply, its urgent
10 December 2011
Dear meenakshi, U can file a rectification order u/s 154 upto 4 years from the completion of financial year in which the intimation was received. If u received the intimation on 26/2/10, than you file a rec. order upto 31/3/14. So, in this case, you can definitely apply for that.
Now as the TDS deducted is not reflected in Form 26AS, the procedure for obtaining will be hurdlesome. You ask the party who had deducted TDS to verify your party's PAN and than revise the TDS returns if required..
11 December 2011
First check your TDS certificates that PAN written on it is correct if it is correct than contact directly to your local income tax ward officer with original TDS certificates and file the rectification and contact deductor for revised TDS return.
ABhishek Ranjan Singh ARS Solutions email2ars@gmail.com +919022838615
15 December 2011
If the original TDS are correct and complete, you can apply to AO who has issued the intimation within time. As per CBDT directions the refund can be issued by Income Tax Officer after verifying the original TDS. Welcome step ,TDS return upload is a responsibility of deductor and Deductee has to suffer because of the deductor's mistakes. Now if a person has Claimed a TDS of "x" amount and in FORM 26As amount shown is "X-100000" then refund will be granted to him . As stated in press release 95 % refunds are covered under this relaxation,and for other due verification will be done.
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