banner_ad

Refund of tds

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 March 2013 One of my friend had business of travel agency in FY 2007-08, 2008-09 & 2009-10.
After that he stopped the business activity.
But he did not claim the TDS amount which was credited to his account is also shown on 26 AS.
So is it it possible to claim refund of such TDS amount in current financial year??

Thanks alot in advance for your valuable answers.
Profile Image

harleen batra

Profile Image

harleen batra (Expert)
22 March 2013 A.O can admit (or condon the delay) belated refund claims u/s 237 of the income tax a/c in cases where refunds may arise as result of tax deducted/collected at source and advance tax payments where the amount of such refund does not exceed Rs. 5,00,000 for any A/Y.
Refer CBDT ORDER No.12/2003 dated 30/10/2003 where prior approval of requisite authority is required depending upon the amount of refund.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details