TDS Refund

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One of our client whose tds deduction for the a.y-2011-12  14472, for which form.16a is availble with us. while we veiwing the the 26as , there is nothing credit in his account. we have filed it return for a.y-2011-12 taking form.16a as base and claiming 13200 thereof  as refund. wheather we will get such refund or not.

Replies (19)

Recheck if you have filed TDS correctly ie in the same A.Y. 2011-12 under the same section etc. Depositing TDS under the wrong AY is common. 

CHECK YOUR  tds RETURN ,I THIANK YOU MAY FILE WRONNG DATA FOR BALANCE AMT REVISE tds RETURN FOR QAR IN WHICH YOU DONE MISTAKE

he will not get credit is if TDs is not shown in 26as.. ask deductor to file revised return..

you can get tds refund as you are having original TDS Certificates which you need to surrender with an Refund Application to your assessing officer as i also faced similar case and it is under process

I think so now a days the IT Department is issuing the Refunds on the basis of 26AS, so it is better to instruct the deductor to revise the TDS returns or else you wont get the IT refund.


Regards,

Devendra

Dear,

 

 

 Check in ur client Form 16A, PAN No. and TAN No. is spelled correctly. If it not, definately there is mistake by deductor in filing of TDS Return. Ask him to revised the TDS Return.

 

If it is, u should ask the deuctor to check the return properly and revised it .

Alternatively, u can wait till Income tax officer call the client by way of notice/telephone to carry and submit the TDS Certificate.

In the second option ITO will take all the necessary steps.

 

If ur refund is genuine, u must get it.

 

Regards

 

Manav Goel

without recording in 26AS, such TDS certificates would not be considered good, credit would get denied unless it display in 26AS

if you have original TDS certificate then no need to worry... but there will be scrutiny or order... there are chances that they didnt file their TDS returns..

you will get no refund coontact the assessing officer.. or get the tds return revised by the deductor.. as they may not have correctly quoted the PAN of assessee..

you will get no refund contact the assessing officer.. or get the tds return revised by the deductor.. as they may not have correctly quoted the PAN of assessee..

As form 26 AS not showing any credit of tds available for the client, they will not be able to get refund. As IT deptt. gives refund on the basis of credit available as per 26AS.

Even if TDS is shown in 26AS still incometax Authority doesnt give u the refund , the reason being it is not displayed at there end (on there online system) , as i am facing the same problem and trying to resolve the issue

you can still get refund. sometime it happan in ITD site that  data are not up dated.but still u can claim refund base on  form 16a.You will get refund. Howevre make sure that tds is deposited and pan is correctly quoted in return file by deducter.if everything is right then simply it is not shown in 26as ,department can not  deny your refund.
 


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