TDS even after submission of Form-15H
This query is : Open
29 August 2020
Sir,
SBI deducted TDS even after submission of Form-15H. After reporting Br. Manager of bank advised me to take refund through filing of Return . The FD was for five years and TDS was deducted for first two years. It has come to knowledge on maturity . Is it possible to claim refund of three years back and if not , where complaint can be lodged against bank for compensation for loss of interest . Then it will be an extra burden of cost for filing of return by Income-tax expert for consecutive two years.
with regards,
Sudhir saha
SBI deducted TDS even after submission of Form-15H. After reporting Br. Manager of bank advised me to take refund through filing of Return . The FD was for five years and TDS was deducted for first two years. It has come to knowledge on maturity . Is it possible to claim refund of three years back and if not , where complaint can be lodged against bank for compensation for loss of interest . Then it will be an extra burden of cost for filing of return by Income-tax expert for consecutive two years.
with regards,
Sudhir saha
30 August 2020
The return can be filed for FY 2018-19 by 30.09.2020 and for FY 2019-20 by 30.11.2020. I think efforts in the direction of refund through ITR would be more fruitful than filing a complaint. However if the TDS pertains to any other previous financial year, you can first approach the senior executives and the Bank Head Office and you can tell them about your intention to approach the banking ombudsman. Once you will take the name of Ombudsman, everything will start moving in your favour.
30 August 2020
Yes. agree with Raj C Doshi
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
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- ITR returnFY25-26
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
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
