Unclaimed Income Tax refund due to non filing of return

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....nclaimed Income Tax refund due to non filing of return<br> Query (Issue) Started By: - Rajat Singhania Dated:- 27-7-2020 Last Reply Date:- 29-7-2020 Income Tax<br>Got 3 Replies<br>Income Tax<br>Assessee had not filed Income tax return for the F.Y. 2017-18 on which there was a certain amount of TDS deducted. Assessee enjoys exemption on entire taxable income u/s 10(26) and hence there is no tax pay....

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....able in assesse&#39;s case. Can this unclaimed TDS be shown in the return of F.Y. 2018-19 and the refund be claimed. If so, will that make the assessee more susceptible to receiving notice by the Income tax Department. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: Definitely you have to file return and indicate the entire income and less the exempted income. The tax paid through TDS is shown in....

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.... the return. Automatically refund will be given to the assessee on the basis of return filed. Reply By Rajat Singhania: The Reply: The return is being filed for transactions of F.Y.18-19. My question in essence is , should the TDS on the exempt income of F.Y.2017-18 (for which return was not filed) also be claimed in F.Y. 2018-19&#39;s return and the corresponding exempt income be shown and will....

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.... that attract notice by the department later on. Note: Entire income that the assessee earns is exempt under Section 10(26) of the Income Tax Act. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: Once tax is deducted at source for exempted income, then the said tax can be got refunded through the return filed.<br> Discussion Forum - Knowledge Sharing ....