TDS revised return

dear vinni

ask your bank to file reviesd return ay 09-10, and there is not any restriction

Yes, you can calime the amount after return revised by bank.

Can we claim the full amount of Tds Deducted @ 20%  as refund?

The reason for tax deducted by Bank @ 20 % is you have not provided copy of your PAN card to the Bank (or the bank may have lost it but no one agrees)

Solution :

1. Provide copy of your PAN Card to Bank

2. Ask your Bank for submitting Revised ETDS Return for A.Y.2010-11

3. Get TDS Certificate from Bank (Reason is to ensure bank has submitted revised etds return)

4. If you have filled your Income Tax Return for Financial Year 2009-2010 within due date and you have not received Assessment order yet, then you can file your revised income tax return.

5. Before filling revised income tax return for F.Y.2009-10, please register and view Form26AS, to ensure you have got credit for TDS @ 20% deducted by Bank.

Please consult practising chartered accountant for proper advise.