1. #1
    Unregistered

    What is the procedure of Income tax reimbursement?

    I am running a company. We have deducted excess tax from one of the employee in the month of March and remitted the same. For the next two months there was no tax deduction. Now the employee is insisting that the excess amount should be paid and he doesn't want to go to Income Tax Department for Excess tax refund.

  2. #2
    Chittaranjan Array
    Join Date
    Jul 2012
    Posts
    658

    Re: What is the procedure of Income tax reimbursement?

    when an employer deduct's tax without concern employees permission then such problem can arise instead tds to be given to concern employee but as per the statement excess money is deducted now to get money from the tax department is cumbersome and time consumed factor.at the time of itr filing concern employee to claim with the tds certificate/micr no/bank a/c no then tax authority credits the related a/c with interest within 3 months.

    If the employee deny to go tax office or avoid to do accordingly then office authority can try to fetch excess amount by the establishment section itself with the concern employees consent and valid signatures.ok

    thank you,

  3. #3
    saikrishna polavarapu Array
    Join Date
    Dec 2012
    Posts
    74

    Re: What is the procedure of Income tax reimbursement?

    Hello friend,
    you have to submit the certificate of the tuition fee paid for your child or the loan you are paying etc.ex: my father is a government employee and the company deducted 6000/- from his salary for paying the income tax.As i am Engineering student i brought a letter that states that i have paid tution fee for my under graduate course.So,we claimed the income tax reimbursement.

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