Refund on basis of belated return

TDS 1102 views 3 replies

 

An small lic agaent had not file return yet for A/y 10-11 . As of now belated return can be filed upto 30.03.12

Now there is a tds claim as per 26AS is about Rs. 2000..

now he want to claim that is he can do so byy filing belated return
 

As his income is less than 160,000 he is not going to attract Sec 271F i.e penality of Rs 5000 for late filing of return.

Is it worth to file return and claim back the Tds deducted of Rs 2000.

simply speaking can i claim Tds claim on the basis of Belated Return?.

 
Replies (3)

In my view it would be better to file a belated return and claim the TDS, rather than not filing the return at all and then attracting penalty at a later stage.

Obsious sir you can claim refund on the basis of return filling....irrespective of original return,belated return or revised return.

you can't denied to claim amount of refund merely on the basis of late filling of return.

file ITR and get Claim as early as possible

Yes, it is better to file and see. Even some of the Income Tax Softwares accept such belated returns with refunds.


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