Refund of DDT - When Return Filed Online

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AY 2011-12

One of our Client has paid Dividend Distribution Tax taking surchage as 10% instead of correct 7.5%. Therefore, there is an excess payment of DDT of 2.5%. However, the return was filed online. There is no column for claiming refund of DDT in the return of income.

How to claim refund of excess DDT paid.

Thank you

AI Summary

Client Overpaid Dividend Distribution Tax Due to Surcharge Miscalculation; Refund Suggested via Assessing Officer for Excess 2.5% DDT A client overpaid Dividend Distribution Tax (DDT) by calculating a surcharge of 10% instead of the correct 7.5%, resulting in an excess payment of 2.5% for the assessment year 2011-12. The return was filed online, but the form lacks a section to claim a refund for the excess DDT. The suggested solution is to approach the Assessing Officer (AO) with the relevant details and a request letter to obtain a refund for the overpaid amount.