Tax Deduction at source

This query is : Resolved

Anuj Tiwari (Querist)
Follow

17 July 2008 Can refund of TDS be claimed? The excess amount has arisen because the assessee didnt have the minimum no. of PANs for e- filing , which was compulsory. The company deducted TDS on all payments made in the nature of contract, whether TDS is attracted or not. Now the excess payment is to be claimed as refund. And the TDS deducted will be paid to the respective deductees, who dont attract TDS. What should be done for the paymentas made through challans?

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
Follow

17 July 2008 If the payment attracted tds, then it can be claimed by the person on whose behalf tds was paid can claim only through filing re

CA Abhishek Tyagi

CA Abhishek Tyagi (Expert)
Follow

18 July 2008 The Deductor has nothing to do with the claim of refund. The deductor has to file its TDS return properly. It is the deductee who have to claim refund of excess tax deducted by the deductor. Deductee can claim the refund by filling its return of income in time.

CA Abhishek Tyagi

CA Abhishek Tyagi (Expert)
Follow

18 July 2008 One more thing deductor cannot refund the excess tds deducted.

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA. Urmila Mahalwal

Dalbir Singh Wadhera

Rajesh

RAGHUNATH KASIBHOTLA

SARAVANAN PALANISAMY

Subscribe Now

Tax Deduction at source

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Article Assistant

GST CONSULTANT

CA Final

GST CONSULTANCY

Accountant