Impact on TDS and return



Mr A joined a company xyz ltd and recieved joining bonus on which tds was deducted.However Mr A left the job before the time stipulated in the agreement and had to pay total amount with tds back to the company.Tds is not revised by the company.

can Mr A get refund of tds ?
will the company require to revise the tds return?

 
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Student CA

yes, company has to revise the tds return bcoz in 26as bonus income vl b displayed....vch is actually paid back....this leads to problem while filing itr for A....so company has to revise.....

Total likes : 1 times

 
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How company can revise such quarterly tds filing when they receive the amount back from employee?
 
Reply   
 
PRACTICE

person can claim refund by filling Income tax return😊
 
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