Tds refund

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Querist : Anonymous

Querist : Anonymous (Querist)

18 August 2014 I want to claim refund of TDS paid under 195 which was actually not supposed to be paid

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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18 August 2014 You can file claim for refund on line as follows:

Rule-3A

"A claim for refund, for sum paid to the credit of the Central Government under Chapter XVII-B, shall be furnished by the deductor in Form 26B electronically under digital signature in accordance with the procedures, formats and standards specified under sub-rule (5)."

View format of The Form26B >>

Income Tax Department TDS website TRACES (TDS Reconciliation Analysis and Correcting Enabling System) has enabled the online filing of request for claiming refund of excess TDS deposite

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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Querist : Anonymous

Querist : Anonymous (Querist)

18 August 2014 However, if the foreign company wants to file return of income and claim refund of TDS then can the Company do so knowing that form 26 B can be filed by deductor not deductee

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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18 August 2014 You have to choose the option. If the foreign company is filing the return and claiming refund you can not file form 26 B.
It Dept. will check and will give refund only once.

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