Adjustment of Current Year Refund with Past Year Demand
This query is : Resolved
25 January 2011
we are in receipt of intimation U/s 143 (1) from Income Tax Deptt. for A.Y. 2010-11 in which there is a refund of Rs. 55,000. But in the end they have adjusted a sum of Rs. 48,000 as a demand of A.Y. 2009-10 , & have shown the net refund payable as 7000.
But we didnt received any notice of demand previous year, neither on mail nor in hard copy for any such amount.
Moreover, the assessee is a salaried employee, hence there is no scope of such huge demand.
Hence, in the above matter, you are kindly requested to advise, as to how we can retreive such notice of previous year or waive off such demand.
The return has been filed through e filing every year.
Regards,
Sumit Gupta
But we didnt received any notice of demand previous year, neither on mail nor in hard copy for any such amount.
Moreover, the assessee is a salaried employee, hence there is no scope of such huge demand.
Hence, in the above matter, you are kindly requested to advise, as to how we can retreive such notice of previous year or waive off such demand.
The return has been filed through e filing every year.
Regards,
Sumit Gupta
25 January 2011
Write a letter for rectification of mistake u/s 154 to CPC Banglore with enclosure of last year return.
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
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
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
