Applied for tds return twice...

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This query is : Resolved

S.K.Haque

S.K.Haque (Querist)

20 November 2012 Respected Sir/Madam,

I am a agent of LICI & Prayag Group.

But presently my "LIC agency" & "the bank account against my agency" operated by my Brother(mentioned that all transactions occur in my name) & he has applied for the TDS (deducted from LIC) return for the A.Y 2011-2012(applied on Feb-2012) and 2012-2013.(applied on Sept-2012)& he has already received the return amount (in my name) of AY 2011-2012 on Aug-2012.

But I was totally unknown about this matters, and unknowingly I have applied for the TDS returns (both LICI & Prayag) for A.Y. 2011-2012 (applied on June-2012) & 2012-2013 (applied on Sept-2012) through a C.A.

Now what would be happen ? The C.A. has informed me that I must have to face a huge problem. Is there any possibilities for any case or punishment against me ? Have I to pay any penalty ?

What can I do now to obtain the rest TDS amount of AY.2011-2012 (which was deducted from Prayag) & AY 2012-2013 (amount deducted from LICI & Prayag).

Please provide me the details and clear advice & guide me in this regard. Which act of your kindness I will remain ever grateful to you.

This is the 3rd time I have asked you, because in last two time I have not found a clear reply.

Shudhanshu Agrawal

Shudhanshu Agrawal (Expert)

20 November 2012 In my point of view there is no problem in applying 2 times for TDS certificates. However, there is also alternative which is available to you now. You need to register with the Income tax department through www.tin-nsdl.com website. In that web site there is a option for Form 26A which will show you TDS credit available against your PAN no.

There can not be any penalty against you. So need to worry about it.

UMESH KUMAR PANDEY

UMESH KUMAR PANDEY (Expert)

21 February 2013 DEAR,
IT IS NOT A PROBLEM.YOU CAN SEE YOUR STATUS ON LINE AND THAT HAVE BEEN AL READY CREDITED / REFUNDED YOUR TDS REFUND.THEN THE SECOND RETURN WILL BE AUTOMATECALY REJECTED BY THE DEPARTMENT.BECAUSE YOUR ON LINE STATUS HAS ALREADY MAINTENED BY THE DEPARTMENT.

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