15 July 2025
I have a refund of Tds (Excess paid), but department is asking notarized indemnity bond of Rs 500/-. Can anyone assist with the format of the same
To, The Government of India (Department of Finance) Income Tax Department
From, [Your Name] Son/Daughter of [Parent's Name] [Your Address]
Subject: Indemnity Bond for Refund of Excess TDS
WHEREAS I have filed my Income Tax Return for the Assessment Year [Insert Year].
AND WHEREAS the TDS claimed in the return of Rs. [Insert Amount] belongs to me as per the TDS certificates mentioned below:
NAME OF DEDUCTOR TAN OF DEDUCTOR TDS CERTIFICATE DATE AMOUNT [Insert Name] [Insert TAN] [Insert Cert.] [Insert Date] [Insert Amount] AND WHEREAS the Challan(s) paid for Rs. [Insert Amount] belongs to me as given below:
DATE OF PAYMENT BANK THROUGH WHICH PAYMENT MADE AMOUNT BSR CHALLAN NO [Insert Date] [Insert Bank] [Insert Amount] [Insert BSR] [Insert No] NOW, THEREFORE, I hereby undertake and indemnify the Government of India (Ministry of Finance) against any loss, claim, or excess amount of refund, if any, in all respects.