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Intemation 143(1) stating demand,becoz tds credit was not p

This query is : Resolved 

06 August 2013 Dear all,

One of my close one received a intimation U/s 143(1) stating demand, becoz as the TDS deducted by the bank on FDR`s at higher rate @20% reason not providing pan.as that's y not reflected on the 26 AS.

now my question is that how can we claim this TDS credit and nullify the demand.

06 August 2013 1. Provide PAN to the bank.
2. Request the bank to revise its TDS return and mention PAN of the deductor in the TDS return.
3. The same will be reflected in Form 26AS.
4. Thereafter file a rectification application.

06 August 2013 alternatively if you do not any taxable income then file itr and claim refund of tax deducted.

06 August 2013 dear siddhartha ji what if the bank refuses to do so.....i.e refuse to revised the return...........then any second option.

06 August 2013 You can approach the assessing officer, show him the TDS certificate and request him to consider the same.
You can also request him to instruct the bank to revise its TDS return.


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