You should also know that if the TDS on FD deducted by the bank is more than your overall income tax liability, then you can claim a refund at the time of filing your ITR. The TDS deducted on interest income from FDs is thus a part of your total tax liability under the Income ...
return is accepted by the TIN central system. The assessee can check the status of the TIN Central System. The assessee can check the status of the TDS returns that are filed online by providing the required details, such as the PAN and the Provisional Receipt Number/ Token number on ...
Link PAN with Bank Account to get Refund Recently, the Income Tax Department asked the taxpayers to link their PAN Card with their Bank Account. Read more See all For enquiries, call us on :1800 419 9661 Any Queries? Request a Call from Us...
Once theITRis filed, the TDS refund will be credited to the bank account within 6 months, which is processed by the Income Tax Department. In addition, Individuals can also check the status of their refund on the Tax Department’s official website. Due Dates of Depositing TDS to Indian Go...
Once you have filed and verified your ITR, you can track itsstatuson the Income Tax Portal to check whether it has been processed or not. Processing of ITR can take anywhere from 1 day to 45 days, however, in some cases it can take longer too. If you feel that it is taking too lo...
If no certificate under DTAA is submitted by the depositor, then Income Tax at a rate of 30.90% will be deducted at source on interest earned in the NRO accounts/deposits irrespective of the amount of interest. Does that answer your question vishal. You can also check out comments in the...
You may also file a tax return if you have to claim a refund. Alternatively, you can submit Tax Exemption Certificate to all your deductors directing them to deduct less tax or nil tax, as applicable. There are following exceptions:
You should also know that if the TDS on FD deducted by the bank is more than your overall income tax liability, then you can claim a refund at the time of filing your ITR. The TDS deducted on interest income from FDs is thus a part of your total tax liability under the Income Tax ...