Wednesday, October 5, 2016

Precautions to be followed while refunding the SCSS TDS amount in DOP Finacle

  Admin       Wednesday, October 5, 2016
  • Generally in SCSS interest will be paid to the customer on quarterly basis in DOP.
In DOP we generally HTM menu in order to withdraw the amount from the SCSS Sundry account(SOLID+0338).
  • To check how much amount of interest generated for SCSS account in DOP Finacle we use the menu HTDTRAN.
  • In the menu HTDTRAN enter the account number and click then the system will list of interests generated to that account and TDS amount if the tax form is not submitted by the customer.
  • For example find the below screen shot for illustration

  • Sometimes system will not TDS amount in HTDTRAN hence users can also check in TDS report which is available in the menu HFINRPT with report name Post Office TDS of SCSS/NSS87 Detail Report.
  • After noting the TDS amount by using the above procedure we should follow below precautions while refunding the TDS amount in DOP Finacle.

Precautions to be followed while refunding the SCSS TDS amount in DOP Finacle:-

  • When any customer present request for refund of tax first check whether the TDS amount deducted from that SCSS account or not using the above mentioned procedure.
  • If the TDS amount was deducted by the system and the customer already given the tax form (either 15H/15G) then we should first report to accounts section of concerned HO and wait for the result from HO. There will be 2 cases as mentioned below

Case 1:- 

  • If the concerned HO credited the tax amount to
traces website (income tax website)
then we should not refund the TDS amount we should given form 16 and refund should be claimed from income tax department only.
Case 2 :- 
  • If the concerned HO not credited the tax amount to
traces website
 then take the permission from HO and concerned DO and proceed for refund of tax amount
  • If the TDS amount deducted and the customer has not submitted the tax form then in such cases we should not refund the TDS amount.
  • In DOP Finacle for refund of TDS amount we generally use the menu HRFTDS for operating procedure users can
Click below link to know refe 
logoblog

Thanks for reading Precautions to be followed while refunding the SCSS TDS amount in DOP Finacle

Previous
« Prev Post

1 comment:

Labels

Aadhar Account Closure Account Conversion Account Extension Account Inquiry Account Modification Account Open Account Renewal Account Transfer Accounting Procedure Agent Agent Menu Agent Portal Already Loggin Issues Android App Annual interest Run APAR Applet Error Application Form Atal Pension Yojana ATM ATM card issue procedure ATM Charges Auditors Authorized Person Average balance Balance Inquiry Banking Software Banner BCP BNPL BO Settlement Account Branch Office Browser Bulk Discharge Bulk Transactions Calendar of Examination Cash Balance Cash Deposit Cash Loading Cash Management Report Cash Withdrawal CBS CBS Migration CBTM CCMM CCRC Central Government Employees CEPT Instructions Certificates Change Interest Rate Cheque Book Cheque Clearance CICD CIF Claim Closure Claim Limits Clarification Closure CMRC CNAC Commission Common issues Consolidation Reports COVID19 Guidelines CPC CPC Activities CPDTM CRDACM CRDP Credentials Credit Card CRESET CSAC CSCCAAC CSI CTM CTS Integration Current Year Interest CUSTAUTH Customer Inquiry CXFER Daily Reports DARPAN Data Migration Command Centre DC Closure DC Closure Instruction Death Closure Defence Demonetisation Deposit Limit Directorate Clarifications Directorate Orders Discontinued Accounts Divisional Office DOP DOP Orders Dormant Account Dropbox Duplicate ATM Duplicate Certificate Duplicate Passbook E-Sign eBanking ECS eKYC Electronic Clearance System Eligibility Criteria Engagement EOD EOY in Finacle Error Code Excess Payment EXCW FAQ Finacle Finacle Menu Finacle Menu belongs to BO Finacle Session Finacle Slowdown Finacle Solution Finacle Speed Finacle Tips Finacle Work flow Financial Year FMenu Forms Freeze Functioning Status General Generate Report GL Code GL Integration GPF Greetings Guide for Finacle HAALM HABI HACCDET HACI HACS HACSP HACXFRSC HACXFSOL HAFI HAFSM HAGTXP HAITINQ Half Margin Memo Handling Cheque HCAAC HCAACTD HCASHPND HCCA HCCFM HCHBI HCHBM HCRT HCUDET HCULA HDSAMM Helpdesk HFINRPT HFTI HFTR HIARM HIMC HINQACHQ HINTTM HIOT HIRM HISCOD HISRA HNAC Holiday HPBP HPBPR HPSP HSSI HTDREN HTDTRAN HTM HTTUM HTV HXFER IES Incentive Income Tax Inquiry on Cheques Inspection Instant ATM Card Interest Calculation Interest Flow Interest Inquiry Interest Payment Interest Rates Interest Recovery Interest Statement Internet Banking Internet Explorer Settings InterSOL Transaction Inventory Inward Clearing IP/ASP/SP IPPB IPPB Manual IR Entry Jansuraksha Java Settings Joint to Single Account KVP KYC Document Ledger Print Lesson 1 Lesson 10 Lesson 11 Lesson 12 Lesson 13 Lesson 14 Lesson 15 Lesson 16 Lesson 17 Lesson 19 Lesson 2 Lesson 3 Lesson 4 Lesson 5 Lesson 6 Lesson 7 Lesson 8 Lesson 9 Lien Live Account Report Loan Account Lock up Period Lok Shaba Mahila Samman Savings Certificate Scheme Maturity Value Memo Pad MGNREGS Micro ATM Minor Account MIS MIS Server Missing Credits Mobile Banking MPKBY MSSC MSSP MSY Name Transfer NEFT New Account Number Nomination Non Migrated Not Transactions NREGA NSC NSS NSS 92 NSS Closure NSS87 Number Account Opened Scheme wise Report Number of Transactions Office Account Online Recruitment Online Training OSL date Outward Cheques Overview Pamphlets Partially Posted Transactions Partly Posted Transactions Passbook Print Passbook view Password Reset Patch Deployment Payment Bank Pending for verification Personalized ATM Card Pledge PMJJBY PMSBY PO Finacle Guide POSB Manuals Post Info Postal Life Insurance Postal Manual PPF Precautions Premature closure Prevent Frauds in CBS Offices Preventive Maintenance Procedure in Finacle PRSS Scheme Public Notice RBI RD RD Commission RD Default RD Deposit RD Verification Re-investment Ready Reckoner Recruitment Reference Register Regularization Reinvestment Relaxations Report Server Reversal Review RICT ROLE / SOL change RTGS Rules Rulings Rural Postal Life Insurance Salary / Pension Sanctioning Authority SAP Saving Account SB SB Counter Tool SB LOT SB Order SBCO SCSS Seeding of Aadhaar and Mobile Number Senior Citizen Welfare Fund Server Maintenance Service Charges Service Request Settings Short Payment Shortcut Keys Sign Off Signature Single Hand Post Office SMR SMS Banking SMS Notification Software Softwares SOL ID Solution Special Arrangements SSA SSA Default Fee Collection Standard Operating Procedure Standing Instructions Stop Payment Sub ledger Code Suggestions Super Agent ID Survey System Administrator TD TDS Teller TimeoutFix TIPM Tool for Mapping Account Number Tools Trail Closure Training Transaction Holiday Transaction Inquiry Transaction Issues TTUM UCR UnFreeze Union Unlock user Unverified Accounts User Guide Value Date Vault Operation Verification of High Balance Video Tutor Wedding Expenses Withdrawal Windows 10 Workshop Wrongly Migrated