Tds deducted @ 20% by bank

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 February 2018 DEAR EXPERT,
IN F.Y. 2016-17, BANK DEDUCTED TDS ON FDR INTEREST @ 20% IN THE ABSENCE OF PAN NO. I FILED MY INCOME TAX RETURN BY CLAIMING THIS TDS AMOUNT BUT THIS WAS NOT REFLECTING IN 26AS. CONSEQUENTLY DEPARTMENT RAISED THE DEMAND U/S 245.I HAVE TDS CERTIFICATE ISSUED BY THE BANK.
NOW MY QUESTION IS THAT HOW TO CLAIM THIS TDS AS REFUND ?
SHOULD I FILE RECTIFICATION REQUEST WITH AO MANUALLY AND SUBMIT RESPONSE ONLINE ?
ONLINE PORTAL IS NOT GIVING ANY ATTACHMENT OPTION, SO I AM NOT ABLE TO RESPONSE ONLINE BY SUBMITTING TDS CERTIFICATE .

PLEASE HELP ME. REPLY SOON

THANKS & REGARDS

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

27 February 2018 Ask your banker to revise online TDS return including your PAN. After inclusion verify 26AS and file rectification under section 154

Querist : Anonymous

Querist : Anonymous (Querist)

27 February 2018 THANK YOU CA R SEETHARAMAN SIR FOR YOUR RESPONSE.
IN MY CASE BANK DENIED TO REVISE THE TDS RETURN. SO THERE IS ANY WAY TO RESOLVE THE ISSUE ?

K Srinivas, CMA CS

K Srinivas, CMA CS (Expert)

27 February 2018 Sir, unless the Bank revises the TDS return, the TDS credit will not be shown in your Form 26AS.

So,try approaching the concerned branch manager/Zonal Regional Head and ask them to file revised TDS return

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

27 February 2018 Other banks are accepting the request and revise return

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