• Tds

Sir
I have received following message    "Total TDS by Employer of PAN no.      for Qtr ending Dec 31 is Rs 0 and cumulative TDS for FY 17-18 is Rs 8,188. View 26AS for details. You have not filed the ITR for AY 2017-18. The law has changed and ITR for AY 2017-18 cannot be filed after 31-03-2018. Please ignore if already filed."
I left the job in Mid may and was unemployed till Aug 2017.Did job for 1 month and left.I m still not doing any job due to competitive exam preparation.So i have to file the income tax return or not and what does this message means.
Asked 3 months ago in Income Tax from Pune, Maharashtra
This is talking about AY 2017-18 that means period starting from 1 April 2016 to 31 March 2017.

You have not filed return for the above-mentioned period. In case, your total income during the period was more than 2.5 lacs, you were required to file your return of income.

The last date to file return of is 31 March 2018.

We can help you in filing your return of income.

Please feel free to reach out to us at 
Abhishek Dugar
CA, Mumbai
2788 Answers
114 Consultations

5.0 on 5.0

Hi

What was your total income during the year?

If it is within 250000, although you are not liable to file returns, but you should file return to claim the refund of the TDS deducted by your employer.
Lakshita Bhandari
CA, Mumbai
1297 Answers
36 Consultations

5.0 on 5.0

Dear Sir,

You did job from 01.04.2017 till 15.05.2015 and TDS deducted during this period by the employer was Rs. 8,188. As TDS had been deducted by the employer and your salary is below the exemption limit of Rs. 2.50 lacs, so you need to file Tax return for the A.Y.2017-18  upto 31.03.2018 and claim the refund of TDS of Rs. 8,188. It is compulsory for you to file the return of income.

Thanks
Vivek Kumar Arora
CA, Delhi
695 Answers
7 Consultations

5.0 on 5.0

HI,

 "Total TDS by Employer of PAN no.      for Qtr ending Dec 31 is Rs 0 and cumulative TDS for FY 17-18 is Rs 8,188. View 26AS for details.-  By this message, tax authorities updates the tax payer with repsect to total taxes deducted for a quarter and the total amount yaxes deducted for that year. This is just for your information which would be helpful at the time of filing return.

"You have not filed the ITR for AY 2017-18. The law has changed and ITR for AY 2017-18 cannot be filed after 31-03-2018. Please ignore if already filed."- This has been sent to update the taxpayers on the deadline of last year's tax return. They have mentioned AY 2017-18 which means they are talking about the tax filing for the period April 2016 till March 2017. So if you have not filed return for this period,then this message is relevant for you. Otherwise you may ignore.

I left the job in Mid may and was unemployed till Aug 2017.Did job for 1 month and left.I m still not doing any job due to competitive exam preparation.So i have to file the income tax return or not and what does this message means.-   For this part of query, I understand that you you left the job in My 2016 and did not work till Aug 2017. Then again you did job for 1 month and left. Considering these time periods involved, there are two financial years for which income tax return becomes due. 
As per the income tax laws, you are required to file the return only when your taxable income exceeds 2,50,000. However, in your case, even if it is not exceeding this limit, I woould suggest you to file the tax return as you would be able to claim refund of taxes deducted by your employer earlier.

Thanks
Damini






Damini Agarwal
CA, Bengaluru
138 Answers
8 Consultations

5.0 on 5.0

hi,

First of all don't get worried about this message as this is a common message which the IT department sends to all the assessee's informing them about the tax deduction done and deposited against their PAN number. However, since the ITR for AY 2017-18 has not been filed by you yet, the pertinent question is , what was your income during the period 01st Apr 2016 to 31st Mar 2017?

If your income was above 2.5 lakhs, you will need to file return before 31st March 2018 (and pay additional tax or take refund, as the case may be). If your income was below that amount and there was no TDS deduction, there is no requirement from your side.

Hope that clarifies.

Regards,
Nikhil.
Nikhil Khanna
CA, Mumbai
566 Answers
3 Consultations

5.0 on 5.0

It means that in last year ie for FY2017-18, the employer has deducted Rs.8188 till Dec.31 and in last quarter i.e. from Oct-17 to Dec-17 your employer has not deducted any tds . As you said you left job after doing same for 1month hence employer has not deducted any TDS for same period. This massage shows that how much tds is deducted by your employer till dec-17. 
Also as new amendments you have to file return of FY-2016-17 till 31st march-18, and hence if you have not filed same then file it before 31st March-18 .
As you said you left the job for exam preparation, you must file income tax return for FY-2017-18 to claim your TDS, if you are liable to tax then your TDS deducted will be utilized against any payment liability and if you are not liable to tax then TDS amount will be refunded to you bank account. Hence you must file income tax return for FY2017-18 to claim your TDS.

Thank you 
Amrut Deshmukh
CA, Nagpur
27 Answers

5.0 on 5.0

Hi,

The message has 2 parts. First part is informatory. It tells about Total TDS deducted on your PAN in FY 2017-18. You can file IT Return for FY 2017-18 (i.e AY 2018-19) on or after 1-Apr-2018. Due date is 31-Jul-2018. You need to file IT Returns if there is taxable Income or if any TDS is done on your Income

Second part is a reminder that you have not filed returns for AY 2017-18 (i.e FY 2016-17). If there was any TDS on your Income or if your income exceeded Rs. 2.5 Lakhs in FY 2016-17, then you will have to file ITR for AY 2017-18 latest by 31-Mar-2018
Pradeep Bhat
CA, Bengaluru
428 Answers
28 Consultations

5.0 on 5.0

Yes, 
You can file your ROI and claim a refund of Rs. 8188 as your Gross Total income is below taxable limit.

Thanks,

CA Sourabh Pahuja
Sourabh Pahuja
CA, Delhi
54 Answers

5.0 on 5.0

It s advisable to file th return even if  your taxable income does not exceed 2.5 lakhs. It is because, this will avoid unnecessary letters from the  department and due to change in law it will not be possible to file the same in the future.
Vidya Jain
CA, Kolkata
525 Answers
11 Consultations

4.8 on 5.0

Further your Return for AY 2017-18 has also not filed and you can also file the same before 31st March..

Thanks,

CA Sourabh Pahuja
Sourabh Pahuja
CA, Delhi
54 Answers

5.0 on 5.0

Thanks for your query !

You should file the return if the TDS has been deducted by the employer and claim the refund of those taxes in your tax return.

If no taxes have been deducted by employer, then no need to file the tax return.

Thanks 
Damini
Damini Agarwal
CA, Bengaluru
138 Answers
8 Consultations

5.0 on 5.0

if you have filed return for 2016-17, you need not do anything.
You need not file return for the current year as you do not have income. However, it is always advisable to continue filing returns every year even when there is no taxable income. Also in your case since TDS has been deducted in FY 2017-18, you can file returns and claim refund fro the same.

Hope that helps.

Regards,
Nikhil
Nikhil Khanna
CA, Mumbai
566 Answers
3 Consultations

5.0 on 5.0

No you don't need to file return for april 17 to March 18. However, in order to claim the refund of TDS deducted by your employer, you have to file your return.

Future, I would recommend you to recheck for FY 2016-17, whether you have filed return or not. Because, as per message you have not filed the return. 

May be you have filed it and forgot to e-verify it.
Abhishek Dugar
CA, Mumbai
2788 Answers
114 Consultations

5.0 on 5.0

Dear Sir,

Even though your Salary is 1 lac which is below the exemption limit of Rs.2.50 lacs but still you need to file ITR if you claim the TDS refund of Rs.8,188.Without filing ITR you can not claim TDS refund.

Thanks
Vivek Kumar Arora
CA, Delhi
695 Answers
7 Consultations

5.0 on 5.0

Dear Sir,

Please ignore my above response.

For A.Y. 2017-18 you have already filed the return of income which in itself is complete.

For A.Y. 2018-19, even though your Salary is 1 lac which is below the exemption limit of Rs.2.50 lacs but still you need to file ITR if you want to claim the TDS refund of Rs.8,188.Without filing the ITR you can not claim TDS refund. The last date of filing of ITR is 31.07.2018.

Thanks

Vivek Kumar Arora
CA, Delhi
695 Answers
7 Consultations

5.0 on 5.0

It is not mandatory to file return. But you should file it and claim TDS refund.
Lakshita Bhandari
CA, Mumbai
1297 Answers
36 Consultations

5.0 on 5.0

For FY2016-17 it is ok that you have filed return. For Period From April -17 to March-18 you must file return even your income is below 1lpa because you have said that TDS of Rs.8188 has been deducted for FY2017-18, as your income is lower than basic exemption limit you tax liability is zero but to claim refund of tds you have to file return after 31st March-18. If you don not file the return you won't get TDS refund.
Amrut Deshmukh
CA, Nagpur
27 Answers

5.0 on 5.0

Hi,

Since the TDS deducted for FY 17-18 is Rs. 8,188, you have to necessarily file your ITR in order to claim your TDS or declared that your total income is less than the minimum threshold limit and get refund of TDS deducted.

The amount of TDS in your account cannot be kept un-adjusted by the Income Tax Department, hence filing of return in your case is mandatory.

Also, last date for filing of return for AY 17-18 is 31.03.2018 (without penalty).

In addition to that, since you said that last year your income was more than Rs. 2.5 Lakhs and hence you filed your ITR for that period. Your employer must have kept deducting your TDS on the assumption of last year's income.

Now since TDS is already deducted and deposited into Govt.'s account, you will be required to file return for the FY 17-18 to claim adjustment of the TDS deducted.

I believe, since AY 17-18 return is already filed, no need to worry for that message. ITR for next year shall be required to be filed compulsorily.

I hope it is clear.

Regards,
Sunny Thakral
CA, Delhi
224 Answers
4 Consultations

5.0 on 5.0

Hi,

If your salary is less 2 lakhs for the period April to March, then please file your return and take a refund of the tax deducted at source.
Also, please calculate the exact amount of tax payable for the period April 2016 to March 2017. Though your salary may be higher than Rs. 2,50,000 there is a possibility that your tax liability may be less than Rs. 8,188 (the amount of tax deducted). You can claim deductions of any insurance, HRA, medical, telephone, etc., which were not considered in the Form 16 issued by your employer.

Regards,
Keerthiga Padmanabhan
M.Com., CA, LL.B
Keerthiga Padmanabhan
CA, Greater Mumbai
784 Answers
23 Consultations

5.0 on 5.0

Hello,

Yes, preferably file your return so that you can get the excess TDS deducted as Refund. Its better for you to file it than the government.

Trust this clarifies your query. 

Feel free to call / get back in case of further clarifications. 

Thanking You. 

Regards,
Rohit R Sharma
BCOM, FCA, LLB, CERT. FAFP
Rohit R Sharma
CA, Mumbai
2089 Answers
90 Consultations

5.0 on 5.0

Hi,

Since there is TDS made on your Salary in FY 2017-18 (Rs. 8,188 as per the SMS text quoted by you), you have to file the Returns to claim the Refund of the same.
Pradeep Bhat
CA, Bengaluru
428 Answers
28 Consultations

5.0 on 5.0

It seems your query is already sorted out.but in case of any further questions please feel free to contact. 

It is always advisable to file your IT return.
Swati Agrawal
CA, Indore
245 Answers

5.0 on 5.0

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