TDS

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UTTAM LAL BASAK (Querist)
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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

CA PARAS BAFNA (Expert)
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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.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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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.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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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.

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