Is TDS paid on dividend income refundable if below taxable income?

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?

Replies (6)
Quick Summary
This discussion clarifies whether Tax Deducted at Source (TDS) on dividend income is refundable if your total taxable income falls below the threshold. The consensus is that yes, it is refundable, but only if you file an Income Tax Return (ITR) and claim the TDS credit. If you missed this initially, you can file a revised return to claim the refund.

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

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