Minor tds refund
This query is : Resolved
Rakesh Mehta
(Querist)
03 November 2015
Dear sir madam
My son have fix diposit in bank and I submitted his pan card number in the bank. In last year fy 2014/2015 bank has dedicated TDS IN his account and diposit tex in his 26AS. in all year I submitted his IT return in my NAME. Now how i can gat refund of that TDS In my return or please give me solution for got refund.
My son have fix diposit in bank and I submitted his pan card number in the bank. In last year fy 2014/2015 bank has dedicated TDS IN his account and diposit tex in his 26AS. in all year I submitted his IT return in my NAME. Now how i can gat refund of that TDS In my return or please give me solution for got refund.
05 November 2015
As per income tax act, income of minor will have to be clubbed with the income of parents. TDS can be claimed by you only if it reflects in your 26AS. As per rule 37BA of income tax rules you have to file a declaration with the bank mentioning your PAN and that income from FDR should be credited against your PAN and TDS should also be deducted against your PAN. Ask bank to revise their TDS return.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Capital gains in IT returns
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Intimation under section 245
- IMS (import of goods) ITC related
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
