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Tds - individual assessee

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(Querist)
22 September 2014 Mr.A had income in FY 2012-13 was Rs.1,50,000.He had never filed IT return in before. ABC ltd has to pay Rs.40,000 to Mr.A. TDS u/s 194 J will be applicable. If TDS is deducted by Co. & suppose Mr.A's income in FY 2013-14 is also below Rs.2 lacs. My queation is how he will get refund??
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
22 September 2014 he will have to file the tax return to claim refund of the excess tax credit against his PAN
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CA vandana goyal

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CA vandana goyal (Expert)
22 September 2014 the tax payer is required to filed income tax return and show the computation of his income tax payable and tds deducted.on furnishing the detail software automatically show the TDS is refundable to the tax payer and tds would be refund in due course
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