A pensioner faced TDS deduction and penalty after the income tax return filing deadline for the financial year ending March 31, 2024. Despite their income being below the taxable limit, their employer deducted TDS and booked it in November 2024. The recommended remedy is to apply for condonation under Section 119(2)(b) of the Income Tax Act to allow late filing of the return and claim the TDS refund.
26 April 2025
A pensioner whose annual pension and other income were below Rs.500000 for the year ended 31/3/2024. He has not filed return of income for the Asst year 2024-25. No TDS deducted by employer upto 31/3/2024 and no form 16 issued. On viewing pass book Rs.61014 is deducted as short deduction and penalty in passs book on 6/11/2024 for the year ended 31/3/2024. Form 26As reflected as transation Date as 31/3/2024 and Date of booking as 6/11/2024 amount TDS deducted 55553. What remedies available to pensioner to take credit of TDS deduction in passbooks or how to get refund from income tax department?