TDS @ Higher rate of 20%

A Shareholder is having PAN No. 

But since he has not disclosed his PAN No. to the company, tax @ higher rate of 20% was deducted from his dividend.

Can he claim TDS in his return of income? What is the remedy?

Replies (3)
Quick Summary
If tax at a higher rate of 20% was deducted on your dividends because your PAN wasn't provided to the company, you can indeed claim this TDS in your income tax return. The company must first update their records with your correct PAN and revise their TDS return. Once they issue a TDS certificate under your correct PAN, you can then file your return and claim the TDS against your tax liability.

First the PAN of the shareholder is to be registered with company's record.

The company need to revise the TDS return with modification in PAN no.

After getting the TDS certificate from company in favour of his PAN, the assessee should file the return to claim the TDS against his tax liability.

Yes TDS can be claimed while filing ITR

But how can the tds certificate be generated? 

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