Refund claim of tds deducted @ 20%

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This query is : Resolved

I M Virani (Querist)

31 May 2017 I had purchased ICICI Bonds in F.Y. 1999-00, which got redeemed in March '17 for which a cheque was issued to me after deducting TDS @ 20% for non submission of PAN. How can I claim refund now since I fall in the tax slab of 10%?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

31 May 2017 File ITR 1 and claim refund.

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I M Virani

I M Virani (Querist)

02 June 2017 Do I need to obtain TDS certificate from deductor / follow any other procedure or simply file ITR and claim refund.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

02 June 2017 No need of TDS certificate file ITR 1 online TDS deductions will be auto filled in the form.

I M Virani

I M Virani (Querist)

02 June 2017 Sir, how will TDS deductions be auto filled in the form? They don't know my PAN (that's why they deducted @ 20%) and they can't allocate it to form 26AS against my PAN.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

03 June 2017 You are right, ask your deductor to include your PAN No. in their TDS return by revising it. Then only you can file the return and claim refund.

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