Refund of TDS/TCS

Save Share

This query is : Resolved

Quick Summary

Arjun Kumar Dey is seeking guidance on how to get a refund for TDS deducted by NHAI when his property was acquired for highway construction in 2020. Despite applying through his ITR, the refund has not been processed. The advice given suggests the refund process may depend on the specific act under which the land was acquired and the correct declaration of the transaction in the ITR.

arjun dey

arjun dey (Querist)
Follow

09 August 2024 Sir
My name is Arjun Kumar Dey and working in Union Bank of India.
I had a property adjacent to NH which was acquired on 2020 by NH for highway construction and they give us 990000 for compensation. But they deduct TDS of Rs 99000.00 even I applied in ITR return and IT dept did not refund this.
Kindly guide this.
Regard
Arjun kumar dey
Mob 9564148023
E mail arjun kumar.dey1978@gmail.com

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

11 August 2024 It depends upon the act under which the land was acquired?
Secondly you have to declare the transaction in your ITR under appropriate schedule to claim the refund.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

09 September 2024 Good Luck.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now