Tds return to ss citizen

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14 Points Posted on 06 July 2023
can we return tax deducted at source of a super senior citizen having no PAN on his name?
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On 06 July 2023 at 11:22 Report
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This discussion addresses how a super senior citizen without a PAN can get a refund for Tax Deducted at Source (TDS) that was incorrectly deducted from their bank account. Banks require a PAN for TDS reversal. The advice given is to apply for a PAN card and provide it to the bank to process the refund. It's also noted that while accounts can be opened without a PAN using Form 60/61, TDS is still deducted at a higher rate, making a PAN essential for avoiding this or claiming it back.

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SEO Sai Gr. Hosp.
212511 Points Posted on 06 July 2023

The query is not clear...

If TDS has been deducted, get PAN applied and claim refund by filing ITR.

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On 06 July 2023 at 12:40
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14 Points Posted on 06 July 2023
Actually TDS has been deducted from bank account, although amount was not taxable.. so, now during tds reversal, bank is asking for PAN, telling without PAN, they can not go for tds reversal..please guide
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On 06 July 2023 at 15:05
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SEO Sai Gr. Hosp.
212511 Points Posted on 06 July 2023

Bank is correct, you need to apply for PAN and provide its copy to bank for any rectification.

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On 06 July 2023 at 15:08
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14 Points Posted on 06 July 2023
Actually TDS has been deducted from bank account, although amount was not taxable.. so, now during tds reversal, bank is asking for PAN, telling without PAN, they can not go for tds reversal..please guide
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On 06 July 2023 at 15:09
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Profession
28267 Points Posted on 06 July 2023
Apply for pan
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On 06 July 2023 at 20:23
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50 Points Posted on 07 July 2023
How he opened the bank account without PAN and maintaining till date and deducted tds. how was it possible.
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On 07 July 2023 at 23:31
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2 Points Posted on 08 July 2023

Any applicant can open account. If he or she has no pan, either can submit form 60/61 as the case may be. But tax would be deducted, in that case, @ 20%.

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On 08 July 2023 at 19:03
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8 Points Posted on 29 July 2023
Pan no is compulsory in every bank if you dont wish your tds not deducted u have to fill form 15 as per applicable and inform bank but it is advice tds deducted is better u can claim it by filling itr
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On 29 July 2023 at 10:37

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