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T.d.s deducted at higher rate of 20 %

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(Querist)
29 December 2011 namaskar ji,
if in case of fd intt. pan was not provided in time and as a result T.D.S was deducted at higher rate i.e 20 %....

then if an ITR if filed in this case claiming the refund then will the whole refund be allowed (as tax payable is nil) ,.as in normal deduction i.e 10 % cases...?

dhanyavad
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chetan soni

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chetan soni (Expert)
29 December 2011 You first need to inform your PAN to bank & needs to tell them to revised the tds return. After revision of return this tds deduction is now come under you PAN account.

Once this comes under your PAN account then income tax department will issue you refund amount.
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