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Relating to Annexure II of TDS 24Q Forth Quarter

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This query is : Resolved

Quick Summary

If you've had excess TDS deducted in the fourth quarter of 24Q and didn't declare deductions, you can still claim a refund. By declaring these investments in your Income Tax Return (ITR) for the subsequent assessment year, you can successfully get a refund for the excess tax amount paid.

Abhishek Roy

Abhishek Roy (Querist)
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16 June 2020 Hi,

Please suggest me a query if I fail to declare any deduction claim from getting excess TDS deducted yearly in 24Q Forth quarter of any financial year

Will I able to the claim the refund of excess tds/tax amount paid by declaring the deductions in ITR of the subsequent assessment year.......?

Please suggest.

swasti

swasti (Expert)
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18 June 2020 Sure. You can declare the investments in your return and get the refund for excess deducted.

Abhishek Roy

Abhishek Roy (Querist)
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18 June 2020 Thanks.................

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