How to apply for TDS Refund

How to apply for TDS Refund?

TDS is “tax deducted at source”. The organization wherein you are working is the source and it deducts the tax amount from your salary in a particular percentage depending on the amount of tax liability which is again deposited in the Income Tax Department.

At the beginning of financial year the companies circulate the tax proposal forms which are filled by every employee. In this they need to declare what all investments they can make in the particular financial year along with the rent that they will be paying and any other non salaried income that they might earn in that particular financial year.

After receiving the tax proposal form, the company has to see if the investments which the employees are supposed to make and the exemption they would get would is keeping their salary under the tax liability slab or not. If not then the tax is charged on that excess amount which is known as TDS.

Now some times it is found that the organization wherein you are working charges extra in lieu of your tax liability. So that particular amount is claimed from the Income Tax Department after the completion of the assessment year on 31st March. However even if you have nil return then also every year ITR filling is mandatory as per the Income Tax Rule 1961.

Following are the procedures which need to be followed to claim the return:-

1) First you need to take Form 16 from your present and previous organization which is a clear description about the total income, total investments, tax liability and tax deduction for the assessment year. 2) Then you need to visit to the Income Tax Department either online or physically.

3) There you need to fill the Income Tax Refund form as per the documentations provided in Form 16 and also you need to attach the attested copy of the same. 4) Once it is done you get a counter part which is the acknowledgment for the submission of refund form. While claiming the refund this acknowledgment number is very essential.

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Comments

my tds refund not received for the year 2007-2008

i have been submitted my TDS form to Charted accountent on may-14th 2010, how can i check the status of my TDS claim, can u suggest me, when did i get the TDS amount...? Thanks & Regards Venu

https://tin.tin.nsdl.com/oltas/refundstatuslogin.html Plz check the link...

dear sir , my tds refunds not recied for the years 2007-2008 ,2008-2009 plase enqiry and ans me argent . best regards m.m panchal

my tds refund not received for the year 2007-2008 , 2008-2009 , plase enqiry and argent reply

i dont have form 16a but tds is deducted how to claim refund

Thanks i Have essy way ti refund my tds amount

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i have submit my 2009 t2010 TDS certificate in 30/05/10 but till now i have not get refund my PAN No AVZPS1129E

i have submit my 2009 t2010 TDS certificate in 30/05/10 but till now i have not get refund my PAN No AVZPS1129E

I have form 16 A please tell me the process how could I apply for the TDS refund. I want to apply this online & I have the soft copies of Form 16 A with digital signature. Please assist me..for the same..

I have form 16 A please tell me the process how could I apply for the TDS refund. I want to apply this online & I have the soft copies of Form 16 A with digital signature. Please assist me..for the same..

I have form 16 A please tell me the process how could I apply for the TDS refund. I want to apply this online & I have the soft copies of Form 16 A with digital signature. Please assist me..for the same..

Is the Income tax refund form the same as Income tax return form? Is there a separate process for getting back excess TDS? or is it the same as filing income tax return and claiming it back? It seems from your post that there are two: TDS refund form and income tax return form. Please clarify the difference

Hi, I am an Insurance Agent. I have received an TDS amount around Rs.21826 for the entire last year(2011-12). I have no other source of income. Please specify what Form should I have to use for filing of tax and since my income is more than Rs.180,000 would I get full refund of the total TDS deducted. Any provision!!! to get total TDS deducted amount. Please help!! The deadline to file return is on the door. Thanks, Kannan

how can i submit my tax return, i am a teacher of commerce, my income is 210000 per year

I have not claimed ths return for the period 2011-12

I am work in insuence company as a agent.company deduct tds on my comission.i have not filed any return for these year(2007-2011).can i fill now and get refund.is there any time limit to claim the refund. pls confirm me now claim for tds refund from 2007 to 2011.

I am work in insuence company as a agent.company deduct tds on my comission.i have not filed any return for these year.can i fill now and get refund.is there any time limit to claim the refund. pls confirm me now claim for tds refund from 2007 to 2011.

my tds refund not received for the year 2012-2013

Hi, I am an Insurance Agent. I have received an TDS amount around Rs.5230/- ONLY for the entire last year(2011-12). I have no other source of income. PLS i want online tds return aply.pls help me

I am insurance agent I have revived 2012-2013 TDS of Rs 110000 I want on line application please help me..

file your return of income online and claim

hello all, We have web site called http://www.tdswala.com/ . which will solve all the queries and file your return online.. just go through it. you will definatly find it helpful. and will find all the money back Thanks tdswala.com

I hav nt recieved my tds fund of 2012 / 2013 n i dont knw hw to claim can u help me out plzz ..

file your return of income and claim refund with interest

2013-14 I paid excess TDS Rs 30000.00 I don't know how to claim please help me

hi, i want to know that how would i get my tds refund i have submitted my income tax return but the bank account number i mentioned in return i close that account. so i need to know that how i will get my money back.

hi, i want to know that how would i get my tds refund i have submitted my income tax return but the bank account number i mentioned in return i close that account. so i need to know that how i will get my money back.

hi, i want to know that how would i get my tds refund i have submitted my income tax return but the bank account number i mentioned in return i close that account. so i need to know that how i will get my money back.

login into your account and request for change in bank account details.

Hi, I want to know what all documents can be submitted with Income Tax Refund form & Form 16.

You just need to submit the return online, no need of any other document to be filed.

contact at info@nritaxhelp.com for help in filing your return of income.

i am meena pradeep kumar my one f.d.in bank of india dhar m.p. bohra bakhal branch machurity date 15/9/2014 amount2,39,149.00/DBDNO..36000786.IN MYf.d. 14000/RS HAS BEEN DEDUCTED TDS . I WANT REFUND IN MY BANK A/C NO. 910810100005868 BANK OF INDIA BRANCH. SETHI NAGAR UJAAIN M.P. BRANCH.

I AM A HOUSE WIFE I HAVE A FIXED DEPOIST IN BANK ,THEY HAVE DEDUCTED RS1250.00 AS TDS CAN IGET THIS BACK,PLEASE HELP HOW?

I am insurance agent of bajaj allinj lic from 2013 i have not knowledge how much tds deduct from my commision .my commision in 2013 is 46000,. How i will get it. From 2014to 2015 i am not working. But get 15000 p.a as a commision of regular premium .is company also deduct tds in regular premium commision. How i will get my tds refund. Plz reply i

Hey, Here's more about PAN Cards -> https://pancardstatus.org.in .

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