Tds refund
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 September 2011
In financial year 2008-09 form 16A Rs 10000 due.Itr not filed .Can i claim it now.Any route legal or other way.
19 September 2011
APPLY TO CIT WITH AN APPLICATION FOR CONDONATION OF DELAY
CA MANOJ GUPTA
JODHPUR
09828510543
CA MANOJ GUPTA
JODHPUR
09828510543
20 September 2011
File your ITR physically and apply to the concerned officer. Since your refund is mor than 10,000 approval is to be obtained by the ITO from CIT
21 September 2011
return for a.y.2009-10 will not be accepted by ITO now
so in terms of instruction no 13/2006 dt 22-12-2006 the assessee will have to first apply to CIT for condonation of delay
there are other conditions also for entertainment of claim which are as under
The powers of acceptance/rejection within the monetary limits delegated to the CCsIT/CsIT would be subject to the following conditions:
(i) The refund has arisen as a result of excess tax deducted/collected at source and payments of advance tax under the provisions of Chapters XVII B, XVII BB and XVII C respectively and the amount of refund does not exceed Rs. 50,00,000 in respect of CCsIT and Rs. 10,00,000 in respect of CsIT for any one assessment year;
(ii) The income of the assessee is not assessable in the hands of any other person under any of the provisions of the Act; and
(iii) No interest will be admissible on the belated refund claims.
CA MANOJ GUPTA
JODHPUR
09828510543
so in terms of instruction no 13/2006 dt 22-12-2006 the assessee will have to first apply to CIT for condonation of delay
there are other conditions also for entertainment of claim which are as under
The powers of acceptance/rejection within the monetary limits delegated to the CCsIT/CsIT would be subject to the following conditions:
(i) The refund has arisen as a result of excess tax deducted/collected at source and payments of advance tax under the provisions of Chapters XVII B, XVII BB and XVII C respectively and the amount of refund does not exceed Rs. 50,00,000 in respect of CCsIT and Rs. 10,00,000 in respect of CsIT for any one assessment year;
(ii) The income of the assessee is not assessable in the hands of any other person under any of the provisions of the Act; and
(iii) No interest will be admissible on the belated refund claims.
CA MANOJ GUPTA
JODHPUR
09828510543
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
- Tax on Deemed Capital Gain
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- Exiting partner in partnership firm in gst portal
- NRI INSURANCE ADVISOR
- Average Cost Of High Quality Diamonds
- TAX AUDIT QUESTION
- Difff in ais receipts and gst turnover
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Due Date Clarity
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
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
