We have made excess amount of DDT (Dividend Distribution Tax) Rs.31,228/- in FY 2010-11, Can we claim this amount as Refund ? under which section?
Excess DDT Paid Can Claim for Refund
DHARMENDRA KASLE
Individual Seeks Refund for Excess Dividend Distribution Tax Payment; Cites Section 237 and Torrent Case Precedent An individual inquired about claiming a refund for an excess Dividend Distribution Tax (DDT) payment of Rs.31,228 made in FY 2010-11. A respondent advised filing a revised return to claim the refund, citing personal experience of successfully obtaining a refund this way. Another participant sought clarification on the process, asking if additional steps like contacting the Assessing Officer were necessary and requested details of the refund order. A third contributor referenced Section 237 and a decision by the Ahmedabad High Court in the Torrent case, suggesting eligibility for a refund based on this precedent. (AI Summary)