UNFORTUNATE HAPPENINGS IN SOME BANKS IN R/O TDS.

UNFORTUNATE HAPPENINGS IN SOME BANKS IN THE MATTER OF TDS..

We all know that our Ex-Servicemen were paid with arrears as per

Circulars 547,548,555 ,568 and 570.

All these arrears was paid in this Financial year 2016-2017. which has resulted in payment of Income Tax by almost all veterans.

The Banks have deducted  Tax at source  (TDS )as per their Rules.  It is OK

Now, when the veterans start filing the IT returns , they obtained Form -16 from the Banks.  To their surprise, there  is no TDS shown in the  F-16.

Hence in 26As it is nil amount shown.

Though the TDS was deducted some months before, the amount is not remitted to IT department till date , the reason is not understood.

When inquired in the Bank, they say various reasons like non Linkage of PAN and Aadhaar number etc.  This has happened to those who have submitted PAN card and Aadhar Card  and already Linked.

Some Banks have deducted about 40000 as TDS but shown only 4000 in 

the Form -16.  How can we claim the refund.  This is the position.

This unfortunate happenings in some Banks have put the veterans in a great hardship in filing the IT return   as the last Date is fast approaching.

We request all our ESM  Organisations/ Associations to bring this happenings to Higher Authorities  to void this sufferings of veterans.

.