If there's a TDS on dividend income and if the taxable income is below the threshold, say Rs 2 lakhs,
would the TDS withheld by dividend paying companies be refundable?
Menu
Is TDS paid on dividend income refundable if below taxable income?
Replies (6)
Yes. refundable only by filing ITR and claiming the TDS credit.
Thanks. That's what I thought.
But my account says TDS on dividend (for NRIs) is payable irrespective of income and can't be refunded.
So, I ended up not getting a refund for the TDS though my income was below the threshold. Is there an option to amend the return to claim the TDS?
Yes. Revised Return can be filed.
Regards,
CA. Raj Doshi
*R C D & Co.*
*Chartered Accountants*
*Understanding Entrepreneurs, Transforming Businesses*
*Linkedin* - https://www.linkedin.com/in/ca-raj-doshi-5b390777/
*Website* - www.rcdco.in
*Email* - raj @ rcdco.in
File Revised return and claim refund
Assesment year is not mentioned. dates are over or not we know.So the querist has not mentioned the details. pls note explicit information is not required.
Other sources income
Recent Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
