TDS
This query is : Resolved
UTTAM LAL BASAK
(Querist)
26 May 2011
One of my client has paid his TDS for the Q.E.31.03.2011 more than the amount deducted. Now my question is that how can he get it back?
CA PARAS BAFNA
(Expert)
26 May 2011
Please Refer Section 200A. The deductor will be granted refund and intimation of this intent will be sent to him by the department.
26 May 2011
Pl also read CBDT Circular 2/2011 dated April 27,2011 issued in connection with refund of TDS amount deposited in excess of the amount of tds deducted. This is for resident assessees.
If your client is a non -resident, u may go through Circular 7/2007 and follow the procedures mentioned therein.
If your client is a non -resident, u may go through Circular 7/2007 and follow the procedures mentioned therein.
CA PARAS BAFNA
(Expert)
26 May 2011
Please note that -In view of provisions of section 200A of the Income-tax Act prescribing processing of statement of TDS and issue of refund with effect from 1-4-2010,
the circular as referred by Warrier Sir will be applicable for claim of refunds for the period upto 31-3-2010.
In your case Section 200A only will be applied.
the circular as referred by Warrier Sir will be applicable for claim of refunds for the period upto 31-3-2010.
In your case Section 200A only will be applied.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Query on effect of registration of property
- Visiting card purchase
- GST on reimbursement of expenses
- Whether output tax is taken credit by purchaser
- Equity Share Sale and Purchase
- Additional trade name
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Wrong CMPo8 file
- Number of years as per AS amortisation of Goodwill
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
