Tcs refund
nemish jain
(Querist) 05 November 2016
This query is : Resolved
HELLO SIR,
I HAVE A TRADING CONCERN WHICH WORKS WITH CORPORATE GIANTS
THE OBJECTIVE OF OUR CONCERN IS TO BUY SCRAP FROM THE CORPORATE AND TRADE THE SAME
IN THE PROCESS OF THE SAME TCS@1% IS GENERATED.
FOR THE A.Y 2015-16 MY AMOUNT OF TCS REFLECTS TO BE 5 LACS AFTER BEING SET OFF OF TAXES.
THE REFUND WAS ISSUED BUT IT COULDN T BE PROCESSED DUE TO WRONG ACCOUNT NUMBER.
SO I DRAFTED A COMMUNICATION STATING MY CORRECT ACCOUNT NO ALONG WITH CANCEL CHEQUE
(THE ABOVE PROCEDURE GOT COMPLETED ON 1ST SEPT)
BUT STILL AS ON 5/11/16.
MY REFUND IS NOT YET RECIEVED
I APPLIED TWICE FOR E-NIVARAN, WHICH HAS TWICE STATED "ISSUE RESOLVED"
WHEN I HAVE COMMUNICATION WITH CPC THEY PROVIDE THE STATUS OF REFUND BEING
"REFUND UNDER RESPONSIVE SHEET"
I AM HEARING THIS STATEMENT FROM 2 MONTHS
WHAT SHOULD I DO NOW FROM MY END,BESIDES WAITING FOR A LONG AWAITED????
adv.bharat @ PUNE
(Expert) 05 November 2016
Consult Tax lawyer for refund.
Or post it in CA clubofindia.
R.K Nanda
(Expert) 05 November 2016
contact tax lawyer.
Rajendra K Goyal
(Expert) 06 November 2016
Are you referring TDS (Tax deducted at source) if not what is TCS.
You can use RTI to get the status of your application.
Rajendra K Goyal
(Expert) 07 November 2016
Author is mum in replying the question.
Discuss with local consultant in taxation.