Got email of 114(4) (Notice to file Return?

[dms664]

If you are salaried you can adjust ur tax with ur employer using it 3 form.

[Nabs]

The withholding tax can only be adjusted for the tax year you paid it in, you can't carry it forward to next tax year. If its more than your calculated income tax, then the remaining amount goes to the government's pocket.

[xzap042]

Yes, Im salaried. What about Applications170 (Application for refund of tax paid in excess) in IRIS, I think this is supposed to be used for claiming but I want to do it right. I have heard from many people who did tax adjustment with their employer for excess paid tax.
If anyone here has done as such, it would be helpful

[dms664]

Just fill the IT3 form and attach wht or income tax proof and submit to your employer. Employer will then adjust it in the tax deduction in ur salary and less tax will be deducted from u as you have already been charged wht or it somewhere else. Remember this applies only when you have no other income source other than salary.

[xzap042]

So FBR has no role in it? I was of the view that FBR would give some kind of document against the excess amount deducted and that would be submitted to the employer.

Just checked IT3 form, does that mean we have to attach receipts of paid taxes with that form and employer will adjust that amount in our income tax?

[dms664]

Yes bro.
Employer will submit your forms and receipts with fbr and give reason why they deducted less tax from ur salary.

[dms664]

Even non filer can also enjoy this facility.

[capsat]

refund amount is only 'ADJUSTABLE' for salaried & businesses. Nothing as such payment / transfer to tax payer.
@Nabs

[Nabs]

Refund can be claimed on Advance Income Tax, for example 1% advance tax on credit card/debit card internet/foreign transactions and advance tax on internet bills is refundable. While some withholding tax can only be adjusted.

On advance tax, you can claim refund within 2 years after filing of tax return, but you will have to make separate application for that in IRIS.

Its a complicated jargon, the simplest way to know if you have refundable tax is to properly fill out your tax return and enter all withholding and advance taxes, you will see refundable tax on calculation page if there is any.

Watch this video clip on how to make application and to see where refundable tax is mentioned.

Note: Keep in mind that it isn't easy to get refund from FBR and you may have to visit your RTO office with proof of advance tax receipts to get refund, which may also take years.

Now, one other thing comes to mind. Can refundable tax can be adjusted in next tax year? I don't have any knowledge on it and its best to ask FBR directly. You can contact them on the website, they usually reply within 24-48 hours.

[haider.sm881]

Hi all
I am a filler but missed the deadline last year.

I got the same email notice in january fr year 2020.

I replied through the portal nd no response until last week when i recived a reminder and extension in date till june 30.
But i cannot see any new tasks in the portal.

Can any one guide what to do now