Adjusted refund
This query is : Resolved
27 May 2014
Dear Sir,
I have filed an Income Tax return for A.Y. 2012-13 in which I have claimed a Refund of Rs. 80K
Now I have received an Intimation U/s. 143(1) from Income Tax for A.Y. 2012-13 in which they have wrongly adjusted a demand of Rs. 30K resulting into a Refund of Rs. 50K
My question is should I first apply for Refund re-issue for Rs. 50K as I haven't received the Refund or should I first apply for rectification for A.Y. 2009-10 manually and then get full refund.
Does income tax department can pay refund in parts. 50k now and 30k afterwards
I have filed an Income Tax return for A.Y. 2012-13 in which I have claimed a Refund of Rs. 80K
Now I have received an Intimation U/s. 143(1) from Income Tax for A.Y. 2012-13 in which they have wrongly adjusted a demand of Rs. 30K resulting into a Refund of Rs. 50K
My question is should I first apply for Refund re-issue for Rs. 50K as I haven't received the Refund or should I first apply for rectification for A.Y. 2009-10 manually and then get full refund.
Does income tax department can pay refund in parts. 50k now and 30k afterwards
27 May 2014
preferably first get the old issues resolved..so first get the rectification done and then apply for refund for current year.
28 May 2014
1. apply for rectification u/s 154.
2.then apply for refund.
2.then apply for refund.
28 May 2014
Thanks a lot for the replies
28 May 2014
you are welcome divyesh..............................
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