Tds deducted of non pan holder
This query is : Resolved
CA Jasbir Singh
(Querist)
14 June 2012
hi
i have some deposit in bank and got interest on it, after that i come to know that bank has been deducted TDS on it @ 20% because i dont have pan no. so i requested to bank to issue TDS certificate but bank denied it saying no pan number no certificate.
my question is how can claim refund from the income tax department. plz help me on that issue and what is liability of the bank.
i have some deposit in bank and got interest on it, after that i come to know that bank has been deducted TDS on it @ 20% because i dont have pan no. so i requested to bank to issue TDS certificate but bank denied it saying no pan number no certificate.
my question is how can claim refund from the income tax department. plz help me on that issue and what is liability of the bank.
14 June 2012
You should provide your PAN to the bank and ask them to revise their TDS return so that the TDS can be shown against your PAN.
Only then you will be able to claim refund of tax.
Only then you will be able to claim refund of tax.
CA Jasbir Singh
(Querist)
14 June 2012
thanx sir
if bank denied to do so what remedy i have ?
if bank denied to do so what remedy i have ?
14 June 2012
In that case, you do not have any option. You should have provided your PAN at the time of making the deposit.
14 June 2012
In that case, you do not have any option. You should have provided your PAN at the time of making the deposit.
Mukesh Kumar Rawal
(Expert)
14 June 2012
First of all, bank can not denied to issue the certificate on the ground that :
NO PAN - NO Certificate
So, ask strickly from bank to issued TDS Certificate in your name and mention in the PAN column : NOPANAVAIL
NO PAN - NO Certificate
So, ask strickly from bank to issued TDS Certificate in your name and mention in the PAN column : NOPANAVAIL
Mukesh Kumar Rawal
(Expert)
14 June 2012
First of all, bank can not denied to issue the certificate on the ground that :
NO PAN - NO Certificate
So, ask strickly from bank to issued TDS Certificate in your name and mention in the PAN column : NOPANAVAIL
NO PAN - NO Certificate
So, ask strickly from bank to issued TDS Certificate in your name and mention in the PAN column : NOPANAVAIL
14 June 2012
Dear CA Mukesh, as you must be aware that Form 16A has to be downloaded from NSDL website. Form 16A can be downloaded only if PAN is available.
In cases where no PAN was provided, Form 16A CANNOT be generated.
The deductor has to first revise the TDS return and provide the PAN. Only then Form 16A can be generated.
In cases where no PAN was provided, Form 16A CANNOT be generated.
The deductor has to first revise the TDS return and provide the PAN. Only then Form 16A can be generated.
Murtaza I Bhagat
(Expert)
14 June 2012
yes agree with siddharthaji,
if even bank gives 16A with PANNOTAVBL then how can he claim refund without showing tax credit in 26AS
dept. will take that certificate in manually and deduction details in efiling
but while assessment dept. will show not refund found and if he has use that tds amount in tax ability then he will received notice of demand with challan for less payment
so first request you bank to revised their tds return with your PAN to claim refund or avoid demand
if even bank gives 16A with PANNOTAVBL then how can he claim refund without showing tax credit in 26AS
dept. will take that certificate in manually and deduction details in efiling
but while assessment dept. will show not refund found and if he has use that tds amount in tax ability then he will received notice of demand with challan for less payment
so first request you bank to revised their tds return with your PAN to claim refund or avoid demand
Murtaza I Bhagat
(Expert)
14 June 2012
yes agree with siddharthaji,
if even bank gives 16A with PANNOTAVBL then how can he claim refund without showing tax credit in 26AS
dept. will take that certificate in manually and deduction details in efiling
but while assessment dept. will show not refund found and if he has use that tds amount in tax ability then he will received notice of demand with challan for less payment
so first request you bank to revised their tds return with your PAN to claim refund or avoid demand
if even bank gives 16A with PANNOTAVBL then how can he claim refund without showing tax credit in 26AS
dept. will take that certificate in manually and deduction details in efiling
but while assessment dept. will show not refund found and if he has use that tds amount in tax ability then he will received notice of demand with challan for less payment
so first request you bank to revised their tds return with your PAN to claim refund or avoid demand
Murtaza I Bhagat
(Expert)
14 June 2012
yes agree with siddharthaji,
if even bank gives 16A with PANNOTAVBL then how can he claim refund without showing tax credit in 26AS
dept. will take that certificate in manually and deduction details in efiling
but while assessment dept. will show not refund found and if he has use that tds amount in tax ability then he will received notice of demand with challan for less payment
so first request you bank to revised their tds return with your PAN to claim refund or avoid demand
if even bank gives 16A with PANNOTAVBL then how can he claim refund without showing tax credit in 26AS
dept. will take that certificate in manually and deduction details in efiling
but while assessment dept. will show not refund found and if he has use that tds amount in tax ability then he will received notice of demand with challan for less payment
so first request you bank to revised their tds return with your PAN to claim refund or avoid demand
CA Jasbir Singh
(Querist)
14 June 2012
thank you so much all
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
- EPF ECR NEW FILE SEP 17TH 2026
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- Capitalgain tax purposes for valuation report compulsory
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Non filing of I T Returns
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- GST on Renting godown to KFCSC for Storage of Raagi
- Import of Software Service.
- TDS on Fixed Assets purchased
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
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
