17/07/2026
💡 Did You Know? You May Be Eligible for a TDS Refund!
Many people believe that if their income is below the taxable limit, they don't need to file an Income Tax Return (ITR).
That's a common misconception.
Banks, post offices, companies, insurance firms, mutual funds, tenants, and other institutions may deduct Tax Deducted at Source (TDS) from your payments. If your actual tax liability is lower—or even Nil—the only way to claim your refund is by filing your Income Tax Return (ITR).
You may be eligible for a refund if TDS has been deducted on:
✅ Bank Fixed Deposits (FDs) & Savings Interest
✅ Insurance Commission
✅ Professional Fees
✅ Rent Receipts
✅ Mutual Fund or Securities Transactions
✅ Property Transactions
✅ Other specified payments
Why should you file your ITR?
✔ Claim your eligible TDS refund
✔ Build a strong financial profile
✔ Support loan and credit card applications
✔ Help with visa and immigration documentation
✔ Maintain tax compliance and avoid future issues
Remember:
Your income may be below the taxable limit, but your refund should never remain with the Government.
If TDS has been deducted from your income, check your eligibility and file your ITR on time.
📞 Contact: +91 97951 85185
🌐 www.impacttaxsolution.com
📧 [email protected]
Punit Shrivastava
Managing Partner & Advocate
Impact Tax Solutions LLP
Advocate High Court Lucknow Bench