Claiming refund of old tds

TDS 211 views 6 replies

Sir,

Every year e-filing of Income tax  is submitted . A lump sum  amount was deducted as TDS from the Interest of FD in the Financial year 2016-2017 . It has come to knowledge  very recent. What is the procedure  to claim refund of  old TDS  in this Assessment Year , 2019-2020 .  

With regard,

Sudhir Saha

Replies (6)
?same issue

You can not claim in AY 2019-20, To claim TDS deducted as refund you have to file ITR of that year, Now time limit to file ITR for AY 2016-17 has expired so you can not file ITR now.

It came to my knowledge when I went to draw FD maturity amount from Bank after 5 years . It is the fault of bank that I was not informed TDS on time. Form 15H also was submitted against this FD every year. Please. tell , is there any solution to get refund
Sir, It came to my knowledge when I went to draw maturity amount after five years .Form 15 H also was submitted every year against the FD. Please advise me what should I do in this situation to get refund of TDS amount. With regard, Sudhir Saha

No, you can not claim now, If you have FD and tax deducted then you should have checked your form 26as and file Return. 

You can file return for the refund, provided your Jurisdictional ITO permit you to do so by condone of delay in filing return u/s. 119(2)(b) of IT act.

Read more at: https://www.caclubindia.com/forum/refund-of-income-tax-return-515850.asp

You can file return for the refund of the TDS deducted

provided your Jurisdictional ITO permit you to do so by condone of delay in filing return u/s. 119(2)(b) of IT


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register