Just out of curiosity and to learn more, for past few years, I have been calculating tax, making whatever extra payment other than TDS online, filling return forms and submitting tax return myself. I am always excited to try new ways government implements.
I registered myself 3 years back to view tax credits paid by my employer as TDS. You can also register here : Check you tax credits. You can also download Form 26 AS here and see how much tax has been deposited on your name from your employer or any other firm.
You can view it to verify if the tax payments made by you or TDS deducted from salary or interest etc are correctly reported to the income tax department. You can also check income tax refund from previous year in the same form.
Now the same can also be checked from View Tax credit statement (Form 26 AS) section under “My Account” menu in Income tax e-filing website after login.
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IS THERE A PROCESS OF RETREIVING FORM 16 ONLINE. AS I HAVE LOST MY FOR 16 FOR THE PERIOD APRIL 2009 TO APRIL 2010 AND MY EMPLOYER IS NOT WILLING TO ISSUE DUPLICATE COPY OF THE SAME.
THANKS!
DEEPAK BATRA
@Deepak
As of now, there is no method of retrieving form-16 online.
If you want to see only TDS part, you may also check same in Form 26AS (https://incometaxindiaefiling.gov.in/portal/form26ASInfo.do)
Dear Pankaj,
I wanted to know How do we check an individuals TDS online?
Regards/Ritu
@Ritu
You can check form 26AS (https://incometaxindiaefiling.gov.in/portal/form26ASInfo.do)
i want my tds amount 2011.2012
i was working as accounts manager. for the last few years i was working in share market and i have lost the touch of taxation. is there in any training institutes in mumbai . please let me know
@Dinesh
We have no idea about income tax training institutes. Please look for local CA tutors, they may be able to help.
Hi, I'm working in a Software company as a Professional and living in Mumbai as rent basis with my wife only. I'm getting a Fixed amount as a Professional fees, they deduct 10% as a TDS only no other deductions at all. My question is, Can I get rent allowance deduction under 80GG while filing for TDS refund?
Your kind reply would be appreciated very much.
@Navneet
You can claim benefit for house rent paid under section 80GG, even if your salary structure does not contain this amount.
There are some conditions for this claim:
1. It should be occupied by you.
2. Your spouse/parents should not be paying rent for this house.
3. You or your spouse should not be owning a house in same city.
4. You should not be owning house at any other place for which you claim home loan benefit.
Deduction cannot exceed a. Rs 2000 per month, b. rent paid - 10% of total income, and c. 25% of total income.
You can claim maximum 24000 deduction for house rent paid as per section 80GG.
Hi, Pankaj
how it is possible that the person filed my ITR and TDs refund has got the refund cheque on his name of same ammount and at my company address..??
Is it really possible to do so if one is having good relations with department ??
@Pankaj
It may be possible only when the other person also have same exact name as yours. As refund cheque is issued on income tax payee name only, there may be a chance of this issue.
sir my TDS is cutting but i need to form no 16. how to get form no 16.please reply
@Jay Prakash
Ask your employer for form 16.
hello sir,
i am pankaj sharma from technolab application.
i have a online jobs and employer site.
tell me about my income scope. i am new in this area.
My income tax refund cheque for assessment year (2008 -2009) returned undelivered as my address changed. In the site “incometaxindiaefiling.gov.in”, there is a link My Account -- “CPC Refund Failure Status” which seems like a way to raise a request for reissue. But the assessment year drop down shows up to (2009-10). There is one more link “143(1)/Refund/154 Service Request” under My Account. For category “Refund Reissue” and sub category “By Paper to new address” there are a few fields for which I am not sure about - Refund Sequence Number, Total Refund Amount, Net amount Refundable. Can you please advise how can I get my refund reissued?
@Devraj
Your query has been already answered on http://www.socialfinance.in/questions/3026/refund-reissue
Mr Batra,
I am an NRI as per IT act (Residing out of india more than 180days), I have a stock broking business which is managed by employee. The brokerage income is credited to me after deduction of TDS. After Paying salary and expenses my income (assuming it as income from Business) is under tax exempt limit. Can i claim tax refund. I am not sure I should file IT return as Resident or NRI. Does NRI individual are treated under different tax slab for taxation.
Kindly reply jitu1011 at yahoo . com
@Jitender
You should file income tax return even if your profits are below tax exempt limit, as you are NRI.
You can claim tax refund without any issue. NRI too have same tax slabs as an Indian.
I came to know that under sec 195 TDS for NRI has to be 30% flat irrespective of income, Currently the broking company issue me check after deducting TDS at regular rate of resident because at time (2009)I get registered I was resident India and became NRI in 2010-2011, I haven't updated my status with them as yet because of tedious paper work. Will this have a bad effect If i keep my status unchanged and file return as Resident. All my bank accounts are still under resident status.
@Jitender
TDS rate is flat 30% for NRIs and they have to file income tax return to get refund for extra tax deducted.
It would be better to get your resident status updated with your bank and get some accounts converted to NRO/NRE.
If you are not living in India, its not good to file income tax return as resident.