Refund

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 June 2013 if banker deducted TDS@20% on my FD Interest.so how to get refund..?

TDS is not shown in my 26AS ( bcoz PAN not given)

Is it possible to get refund..?

Ganeshbabu K

Ganeshbabu K (Expert)
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08 June 2013 1) you need to provide your pan card to bank

2) bank have to file revised return for the quarter in which tds is deduced

3) once bank file tds revised return showing 20% was deducted under your pan it will come to your 26AS

CA.Vinita Gupta

CA.Vinita Gupta (Expert)
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08 June 2013 But i am doubtful if the Bank is going to file a revise return

Querist : Anonymous

Querist : Anonymous (Querist)

08 June 2013 what can i do if banker denied to revise return..?

&

2nd think is

Is it possible if i get TDS certificate from bank & mention detail in ITR & get refund.?

Ganeshbabu K

Ganeshbabu K (Expert)
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08 June 2013 You cannot demand the bank to file revised return however you provide pan number and request the bank to do the needful.

They cannot provide you tds certificate under your pan number as they have not filed tds return under your PAN..

However you may get tds certificate for the tds deducted on which your pan number will not be available

Thanks & regards
Ganesh babu

Querist : Anonymous

Querist : Anonymous (Querist)

08 June 2013 but banker deducted tds on July-2012
now Revised return possible or not..?

CA.Vinita Gupta

CA.Vinita Gupta (Expert)
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08 June 2013 Yes you can definitely request the Bank to file revise return, though they may not take any action.

And as regards the TDS Cerificate would not have validity whether provided or not

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Ganeshbabu K

Ganeshbabu K (Expert)
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08 June 2013 It may not be possible to revise return now..

It is your responsiblity to provide PAN card to banker.

Please provide your PAN now immediately other wise they may deduct 20% this quarter also

Querist : Anonymous

Querist : Anonymous (Querist)

08 June 2013 sir,

actually think is my FD maturity date on july-2012. i have withdrawn my fd on july after deducted TDS@20%.

now i want to fill IT return & get refund..?

Ganeshbabu K

Ganeshbabu K (Expert)
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08 June 2013 Refund not possible..please see above replies for reason'

you are responsible to provide your pan card to banker..do the same at least now

You can get refund only if your banker revised his tds return

for more contact your bank and ask him to do the needful..

Thanks& regards
Ganeshbabu

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