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Refund of tds

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Sir..

Pls tell me the process of getting 194 ia tds credit.. As I cancelled flat.. Builder hold that claim it from it dept…

Thanks in advance

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CA.Raveendran P M (anonymous) 0 Comments

It the TDS on Bulider’s Account  , whom refund claimed. Not by deductor.

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First is to declare it in your IT return form and the income tax department will automatically compute the refund and credit it to your bank account. Second way is to fill form 15G and submit it in your bank telling them that your salary is below tax slab and hence no tax should be levied on it.

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