08 October 2010
WILL EXTRA TDS DEDUCTED BE REFUNDED?
FOR EXAMPLE:
AN ASSESSEE HAS DEDUCTED TDS OF RS.110/- INSTEAD OF RS.100/- AND WHILE FILLING TDS RETURN HE FILES AS RS.100/- DEDUCTED AND DEPOSITED. WILL THAT EXTRA RS.10/- BE REFUNDED? HOW? AGAINST WHAT SECTION?
08 October 2010
Refund will be made only based on the return filed by the assessee, so what ever mentioned in the IT return will be refund once the return accepted