tds refund
This query is : Resolved
18 June 2008
I have paid excess TDS for F.Y.2007-08 in May 31st(for 31st May).
Can I get refund of the same ? If yes , How ?
Can I get refund of the same ? If yes , How ?
18 June 2008
U can....While filing ur Tax return..u will have give details of ur taxable income and on that tax payable will calculated and from this tax payable TDS will be deducted...If ur tax payable is more than TDS u will have pay balance tax..If TDS is more than Tax payable like in ur case...u will get refund..
Mention ur Bank Account number & MICR CODE in the ITR(Income tax return) to get refund from department
Mention ur Bank Account number & MICR CODE in the ITR(Income tax return) to get refund from department
18 June 2008
If u have deducted TDS in Excess for any party and u have deposited the same with Goverment..Then u cant refund...Tht concerned party can get credit as i have exlained above....
18 June 2008
thank u dear, but in our return We deduct our TDS for tax payable and not party's (suppose we deducted 2 times the same contractor and deposited TDS challan u/s 194C, than, how can we get refund the same ? I m corporate assessee and not filed TDS Return for last Quarter, so no question of credit to party a/c.
13 September 2008
Yes from Itr you should show tds Which is deduted from you
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
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- EXPORT COMMERCIAL INVOICE HSN CODE
- GST Rate for Catering Services
- LIC maturity claim whether taxable
- TDS AND ITR ISSUE
- Non-Compliance documents have not been submitted by the contractors debited
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
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
