Refund under IT act

my client business is covered under 44AE, but tds is deducted by party and on income calculated as per sec 44AE no income tax is payable.
my question is whether client can take refund of TDS in reflect in 26AS.

and client has less than 10 vehicle.
Replies (4)
Quick Summary
If your business operates under section 44AE of the Income Tax Act and TDS has been deducted, you can claim a refund even if no income tax is payable. Ensure your TDS credit is reflected in your 26AS statement. You can file a belated Income Tax Return (ITR) to claim this refund, with the deadline for the 2021 assessment year being 31st March 2021.

Surely, claim refund by filing ITR. The belated ITR last date for filing is 31-03-2021
Thanks
Yes take tds credit as per 26AD

Yes, the client can take a refund of TDS in reflection in 26AS.

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details