Refund of tds
This query is : Resolved
22 July 2012
Hi friends first of congrats to all my friends cleared their exams. Dear friends i have a query please clarify it
One of my friend working in pvt co. as employee but the company DOESNT SHOWING HIM ON PAYROLL. HE IS GETTING HIS SALARY AS FULL TIME CONSULTANT (Rs 10000 pm Gross ). In F.Y 2010-11 the company deduct his tds @ 20% u/s 194j as he was not having PAN No that time. The person has no other source of income so his income is below taxable limit
( Rs 120000 pa ). In that situation i know my friend can claim hi his TDS, but the problem is his TDS is not reflecting in 26AS. To solve this i told the
company's accounts deptt to please revise thier TDS Return and add his pan no. but the accounts deptt are not ready to this becuase they are saying me refund is not possible so there is no benefit for revise. They said if it is possible then prove us with any section , notification etc. Now friend i need your help that how to prove my words to him with the help of relevant sections and also tell me there is any other way to get the refund. please clarify me.
One of my friend working in pvt co. as employee but the company DOESNT SHOWING HIM ON PAYROLL. HE IS GETTING HIS SALARY AS FULL TIME CONSULTANT (Rs 10000 pm Gross ). In F.Y 2010-11 the company deduct his tds @ 20% u/s 194j as he was not having PAN No that time. The person has no other source of income so his income is below taxable limit
( Rs 120000 pa ). In that situation i know my friend can claim hi his TDS, but the problem is his TDS is not reflecting in 26AS. To solve this i told the
company's accounts deptt to please revise thier TDS Return and add his pan no. but the accounts deptt are not ready to this becuase they are saying me refund is not possible so there is no benefit for revise. They said if it is possible then prove us with any section , notification etc. Now friend i need your help that how to prove my words to him with the help of relevant sections and also tell me there is any other way to get the refund. please clarify me.
Amol S Joglekar
(Expert)
22 July 2012
You need to take stubborn stand (If you can)and make a complaint with Income Tax Department. Take the help of civil LAWYER. He needs to prepare the evidence that the 194J employer is not ready to revise or pay back the TDS.
Message likes :
1 times
22 July 2012
Amol sir i cannot take refund on the basis of form 16A But tds no in 26AS
22 July 2012
Amol sir i cannot take refund on the basis of form 16A But tds not in 26AS. Is it necessary to have TDS amount in 26 AS to claim refund?
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
- GST on reimbursement of expenses
- Query on effect of registration of property
- Visiting card purchase
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Additional trade name
- Number of years as per AS amortisation of Goodwill
- Whether output tax is taken credit by purchaser
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Equity Share Sale and Purchase
- Wrong CMPo8 file
- Foriegn assets disclosure
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
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
