TDS REFUND

AUDITOR VINOTHKUMAR (a) (870 Points)

29 July 2020  

MY CLIENT RECEIVED MOTOR ACCIDENT COMPENSATION WITH INTEREST INSURANCE COMPANY INTEREST PORTION DEDUCT TDS AMOUNT. CAN I APPLY TDS REFUND?

My clients son had died by motor accident and which was sattled compensation from Insurance Company but TDS has already deducted under section 194A from the amount of compensation. My question is whether the TDS is fully refundable, if it yes, then what is the process of refund and how They can claim by which ITR Form.

Read more at: https://www.caclubindia.com/forum/tax-deducted-on-compensation-of-ground-of-motor-accidental-death-467154.asp
My clients son had died by motor accident and which was sattled compensation from Insurance Company but TDS has already deducted under section 194A from the amount of compensation. My question is whether the TDS is fully refundable, if it yes, then what is the process of refund and how They can claim by which ITR Form.

Read more at: https://www.caclubindia.com/forum/tax-deducted-on-compensation-of-ground-of-motor-accidental-death-467154.asp
My clients son had died by motor accident and which was sattled compensation from Insurance Company but TDS has already deducted under section 194A from the amount of compensation. My question is whether the TDS is fully refundable, if it yes, then what is the process of refund and how They can claim by which ITR Form.

Read more at: https://www.caclubindia.com/forum/tax-deducted-on-compensation-of-ground-of-motor-accidental-death-467154.asp
My clients son had died by motor accident and which was sattled compensation from Insurance Company but TDS has already deducted under section 194A from the amount of compensation. My question is whether the TDS is fully refundable, if it yes, then what is the process of refund and how They can claim by which ITR Form.

Read more at: https://www.caclubindia.com/forum/tax-deducted-on-compensation-of-ground-of-motor-accidental-death-467154.asp
My clients son had died by motor accident and which was sattled compensation from Insurance Company but TDS has already deducted under section 194A from the amount of compensation. My question is whether the TDS is fully refundable, if it yes, then what is the process of refund and how They can claim by which ITR Form.

Read more at: https://www.caclubindia.com/forum/tax-deducted-on-compensation-of-ground-of-motor-accidental-death-467154.asp
My clients son had died by motor accident and which was sattled compensation from Insurance Company but TDS has already deducted under section 194A from the amount of compensation. My question is whether the TDS is fully refundable, if it yes, then what is the process of refund and how They can claim by which ITR Form.

Read more at: https://www.caclubindia.com/forum/tax-deducted-on-compensation-of-ground-of-motor-accidental-death-467154.asp
Tax deducted on compensation of ground of motor accidental death

Read more at: https://www.caclubindia.com/forum/tax-deducted-on-compensation-of-ground-of-motor-accidental-death-467154.asp