vasoya ankit (Practice) (137 Points)
29 October 2013we have paid excess interest on tds deducted for FY 2011-12
challan in which excess interest has been paid is shown as unconsumed in our TDS CPC account under, View Details of Unconsumed Challans link
Do any one know the procedure to get refund of unconsumed amount in TDS Payment challan ?
Pl Inform me
Nikhil Kaushik
(Fellow CA)
(85356 Points)
Replied 29 October 2013
Though income tax department has provided for refund of taxes through Form 26B. However it is required to be filed online and the online link has not yet been activated.
Alternatively, you can adjust it against your future TDS liability.
vasoya ankit
(Practice)
(137 Points)
Replied 30 October 2013
can form 26B be filled for FY 2011-12 also as mechanism of tds refund comes in the 2012-13
Nikhil Kaushik
(Fellow CA)
(85356 Points)
Replied 30 October 2013
Yes. but the portal to file Form 26B online is yet to be activated. Thus, you wont be able to use it.
rohit
(accountant)
(22 Points)
Replied 26 March 2014
how can i add unconsumed challan for next quarter TDS return.
CAclubindia
