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FILING OF ITR FOR A.Y. 2017-18 and A.Y. 2018-19

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piyush

79 Points Posted on 04 July 2020

Hello everyone,

one of my client having only interest income for A.Y. 2017-18 and A.Y. 2018-19. As total income is below 2,50,000 he did not file ITR but Bank had deducted TDS on interest income.

So is there any way that how can we get back that TDS as refund?

Replies (5)

Quick Summary

This discussion addresses how to claim a refund for Tax Deducted at Source (TDS) on interest income for Assessment Years 2017-18 and 2018-19, when the Income Tax Return (ITR) was not filed because the total income was below the taxable limit. The recommended procedure involves applying to the Commissioner of Income Tax for condonation of delay in filing a belated ITR. This process can be initiated by submitting a condonation request to the relevant officer, and upon approval, the ITR can be filed to claim the TDS refund.

prasad Nilugal

GST Practitioner & Accounts

15150 Points Posted on 04 July 2020

If you are having refund case then you can apply to Commissioner of Income Tax for Condonation of delay for filing belated Income tax return .

piyush

79 Points Posted on 04 July 2020

For that I have to visit income tax office?
is there via online possible?

prasad Nilugal

GST Practitioner & Accounts

15150 Points Posted on 04 July 2020

Please check out at e.filing of Income Tax return web site and refer circular 9/2015 ( F.no 312/22/ 2015 -OT) dated 9/6/2015 of Income Tax department , you have to follow this procedure for belated refund and set-off loss cases .