TDS REFUND FOR A.Y. 2017-18

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CUNSULTANT
33 Points Posted on 26 July 2020

DEAR ALL EXPERT SIR,

I HAVE A CLIENT OF INCOME TAX. HIS TDS RS 52000. WAS DEDUCTED IN F.Y. 2016-17, AY 2017-18. WHICH WAS TURN OVER ABOUT 52,00,000. ALSO HE DIDN'T FILED HIS ITR ON THIS PERIOD.

IN THE AY. 18-19 ITR HE WAS CLAIM HIS TDS BUT DIDNOT GET REFUND. SO PLEASE SUGGEST HOW TO GET HIS REFUND???.

His Profit About this Financial year Around 289794. As per His balance sheet Report.

 

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On 26 July 2020 at 20:11 Report
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Quick Summary
This discussion addresses a client's inability to claim a TDS refund for AY 2017-18, despite having TDS deducted in FY 2016-17. The client did not file their Income Tax Return (ITR) for AY 2017-18 and later attempted to claim the TDS in AY 2018-19 without declaring the relevant turnover, leading to an intimation notice regarding the extra TDS claim. Experts suggest that the refund cannot be claimed in AY 2018-19 and advise filing a delayed ITR for AY 2017-18 after condonation, provided there's no tax liability or the liability is less than the TDS amount.

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131 Points Posted on 26 July 2020
Whether he received notice against non filing of ITR
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On 26 July 2020 at 22:13
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1102 Points Posted on 26 July 2020
Any notice for non filing Or any outstanding demand raised by department for that respective year check on portal
or
Check Intimation for AY 18-19
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On 26 July 2020 at 22:45
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CA-FINAL
422 Points Posted on 26 July 2020
If he has no tax liability or less tax liability on 52 lacs turnover as compare to TDS amount, than he can go to A.O and file ITR for AY2017-18 after condonation of delay and claim refund in that year.

As per my opinion he will not going to get that refund in ITR Ay. 2018-19. Assuming he has not declared that 52lacs in Ay 2018-19.
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On 26 July 2020 at 22:59
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CUNSULTANT
33 Points Posted on 27 July 2020

There is No Any Notice Regarding Non Filling

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On 27 July 2020 at 09:10
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CUNSULTANT
33 Points Posted on 27 July 2020

But received intimation Regard Extra TDS claim on AY. 18-19.

 In the return of A.Y. 18-19 not mention about his 52 lac turn Over. 

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On 27 July 2020 at 09:12
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CA-FINAL
422 Points Posted on 27 July 2020

KCI what a childish act you have done by not declaring 52 lacs turnover but claiming TDS, now you should forget about that 52000 TDS refund, rather be ready to get the notice in future for Ay 2017-2018, chances are very high. 

 
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On 27 July 2020 at 12:56

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