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Please Help: refund

Posted Date : 30-Aug-2012 , 12:07:23 pm | Posted By: RAJIB SARAF

Category : Income Tax | Answers : 0| Comments : 1| Hits: 196

An assessee in the a.y 2011-12 has filed his return on 14.09.2011 shown as TDS refund Rs. 17682 on his commission income after checking the status through 26AS.later on,the co. from whom he receive commision income get an income tax notice for not deducting tds.Since, the co. deduct tds from the assesse a huge amountand the assessee also filed a return on 23.11.2011 for the same A.y shown as tds refund Rs. 49196.the assessee only received Rs. 17682 as tds refund and the rest of tds amount is due.whether the assessee should get the refund of the rest amount?

Comments
Posted By : Lalit Garg 30-Aug-2012, 01:32:59
the return filled on 23.11.2011 will not be processed because of not submitting the original return before 31.07.2011 (belated return can not be revised). Assessee should contact to local ITO for rest amount of refund (carry updated Form 16A of Rs. 49196 and other related documents )
 

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