Impact on TDS and return

Final 331 views 3 replies

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?

Replies (3)
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.....
How company can revise such quarterly tds filing when they receive the amount back from employee?
person can claim refund by filling Income tax return๐Ÿ˜Š


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