Adjustment of Advance Tax
This query is : Resolved
02 June 2011
Dear Sir/ Madam
Can i claim unclaimed advance tax of Last assessment year in the current assessment year or i have revise the original return? I have received the short refund for last A.Y.
Return was filed via e-filing.
Pls guide me...
Can i claim unclaimed advance tax of Last assessment year in the current assessment year or i have revise the original return? I have received the short refund for last A.Y.
Return was filed via e-filing.
Pls guide me...
02 June 2011
any tax is to be claimed in the respective assessment year only, it can not be adjusted or carried forward in any other assessment year
Message likes :
1 times
02 June 2011
In that case i have to revise my original return. But the problem is that i have received the refund also. So how should i show new refund amount now in the revised return ?
02 June 2011
will the IT dept. pay net refund ?
03 June 2011
file rectification u/s 154
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is any professional CA is here please reply
- Reopen of assessment proceeding
- Rental income gst and it purpose
- EPF FULL & FINAL RULES IN 2026
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Putting a heading on received mail
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
