Tds deducted without pan
This query is : Resolved
08 January 2017
Dear Sir/Madam
my bank deducted 20% TDS on my FD interest as they have not updated my pan no. in their record.Not having enough knowledge I got the receipt from them and claimed in my ITR.I have also shown my earned interest as income.The IT department has not refunded my claim as it was not reflected in form 26AS in assessment year 2016-17.So in this way I have paid 30% tax on my earned interest.Now please tell me how to claim my refund.
With regards
Balwinder Singh
my bank deducted 20% TDS on my FD interest as they have not updated my pan no. in their record.Not having enough knowledge I got the receipt from them and claimed in my ITR.I have also shown my earned interest as income.The IT department has not refunded my claim as it was not reflected in form 26AS in assessment year 2016-17.So in this way I have paid 30% tax on my earned interest.Now please tell me how to claim my refund.
With regards
Balwinder Singh
08 January 2017
Ask your bankers to update your PAN in the quarterly TDS return filed, then your TDS will appear in your 26AS. Then file rectification u/s 154 seeking refund.
Message likes :
1 times
09 January 2017
Thanks a lot sir .Please also tell me whats CPC communication no. to be filled while filling online rectification return online which is compulsory to continue filling return
09 January 2017
143(1) communication No, has to be filled.
Message likes :
1 times
16 January 2017
R/sir
I asked the manager to update my pan and allocate the TDS to this no. but he asked me to contact their CA as he has no knowledge about this process.When I contacted the bank 's CA to resolve the issue,He asked me to pay the rs.1100 rupees as his fees as the bank manger denied to pay for this additional work to be done by him.Please tell me if I should pay or not for this and is their any alternative solution for this.
I asked the manager to update my pan and allocate the TDS to this no. but he asked me to contact their CA as he has no knowledge about this process.When I contacted the bank 's CA to resolve the issue,He asked me to pay the rs.1100 rupees as his fees as the bank manger denied to pay for this additional work to be done by him.Please tell me if I should pay or not for this and is their any alternative solution for this.
16 January 2017
Bank has to bear the additional fee demanded by CA. If they are not paying you pay.
Message likes :
1 times
29 January 2017
What's latest communication reference no. In order to file a rectification return
29 January 2017
It is 143(1) communication No.
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
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- TAN for Partnership
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Last year TDS Claim
- GST Registration Horse racing
- Small dealers gst returns filing
- Section 43B(h) – MSME Invoice Paid Before Year End but After 45 Days
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- Free lancer income
- Long Term Service award taxability in hands of company
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
