A part-time lecturer filed their ITR 3 for FY 2022-23 before the deadline but later realised a mistake was made, preventing a TDS refund. They are asking if a revised return can be filed now to claim the refund and what the procedure, potential penalties, or interest might be. Unfortunately, it appears the window for filing a revised return for that financial year has closed, making it time-barred.
23 July 2024
I am part time lecturer in a college under contract basis. I have filed my itr 3 return for fy 2022-2023 on 15-07-2023.(Before due date). My total taxable income was Rs.3,68,100/-(TDS deducted Rs.3684/- under section 194C). I didnt get TDS refund . Later I found that something was wrong when i filling itr myself.(May be filled in wrong column). Can i file revised itr 3 return now to get tds refund ?. If yes, what is the procedure to follow. Is there any penalty or interest to pay?. Kindly guide me in this regard.
(Note: I filed itr3 return for fy 2023-2024 myself and got tds refunded)
23 July 2024
Dear Sir, In my IT RETURN ACKNOWLEDGEMENT FOR FY. 2022-2023 In total income column Rs.3,69,810/- In adjusted total income under AMT,where applicable column Rs.3,69,810 In Refundable column. Rs.0.
In my IT RETURN ACKNOWLEDGEMENT FOR FY. 2023-2024 In total income column Rs.4,35,290/- In adjusted total income under AMT,where applicable column Rs.0 In Refundable column. Rs.10,650/-
What is the meaning sir? Can I get tds refund sir? Is there any hope to get tds refund by submitting revised itr return or any method sir.