Income tax refund very urgent

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This query is : Resolved

uday singh Negi (Querist)

27 August 2012 Dear sir,
i am working in pvt ltd company, one of my senior who's tds deducted by company in F.Y 2010-11,
was not showing in 26as because company has not filled the e-tds return that time, company was not in a operation on that year & there was not any accountant in office but the calculation of tds on salary done by the our CA & they forget about the e-return.
now my query is, is there any way out to get credit of that much amount because amount is big i.e ( 24000/- )
second thing is this if suppose i filled the e tds return of 10-11 ( last qtr ) the company will came under default of non filling of tds return & attract the penalty on it.

so please suggest me, is there any way to get refund this amount because currently the amount is not befitting to company as well as the employee

can i filled the e-tds return or any other way

pls. suggest

it is very urgent

thanks.

Prakash Kochar

Prakash Kochar (Expert)

27 August 2012 Co. will have to file E TDS return. Penalty provision attracts. Levy depends on circumstances and submission in response.

ARUN KUMAR MAITRA

ARUN KUMAR MAITRA (Expert)

ARUN KUMAR MAITRA

ARUN KUMAR MAITRA (Expert)

21 September 2012 There is no way out to claim refund, if the company has not filed the TDS Return.You immediately lodge a complaint against it to the Income Tax Dept.through the Publc Grievance site in the net.They will take n.a. against the company.This is a serious default on their part.However, before doing that try to obtain under RTI Act,whether the company has filed the said Return or not and reason for the delay.You may also ascertain from the cocerned ITO,the status of your refund and the reason for delay.You will propmtly get a reply.Thereafter, you can take further n.a. in the matter.

CA Harish Suwalka

CA Harish Suwalka (Expert)

26 January 2013 it is the fault of the company, first check if the company have deposited the tax with dept., if it hadnot than simply the company can give refund to the employee, in any other case company have to file tds return, in order to avoid penalties company can also provide cash refund to employee, otherwise if employye complains about the company than company would be an asesse in default

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