CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

How to claim wrongly deducted TDS of bank

This query is : Resolved 

We took loan from a finance company - Capital First Ltd. but after w.e.f 01-10-2018 it switched to form a private bank entity - IDFC First Bank Ltd., We deposited the TDS which was deducted by us on interest on earlier basis as it was formerly a finance company but as soon it moves on to become a bank entity, it is not applicable on bank to deduct TDS on interest. We have filed already all TDS returns, The query here is that if we revise the TDS returns and can we claim for refund of already deposited TDS amount.


Yes you can claim Refund on TRACES portal or you can also adjust this credit in Any susbsequant TDS liability.


You need to be the querist or approved CAclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :





Trending Tags
audit
unified portal
Service Tax
icsi
epf
coronavirus
gst portal
ca students
Info Technology
cag
law
custom
career
exams
dgft
itr
gstr 3b
llp
aatmanirbhar bharat
close
GST Live Class

FM by Grant Thornton    |    x