Claiming of refund
This query is : Resolved
02 August 2012
Hi,
We have to receive IT refund for Assessment Year 2008-09 & 2009-10, but when I check the status it is showing as record not found & one more mistake is that the return is filed without claiming the refund, but it is reflecting in 26AS statment.
can any please help how can we claim refund its a substantial amount.in lakhs.
We have to receive IT refund for Assessment Year 2008-09 & 2009-10, but when I check the status it is showing as record not found & one more mistake is that the return is filed without claiming the refund, but it is reflecting in 26AS statment.
can any please help how can we claim refund its a substantial amount.in lakhs.
Amol S Joglekar
(Expert)
02 August 2012
Both the cases are now time barred. You need to wait till "some fortnight drive" Or write a separate letter to CBDT requesting the genuineness of your case.. why it got omitted.
Amol S Joglekar
(Expert)
02 August 2012
you are most welcome.
02 August 2012
what would be the maximum time wait for refund and then when can we check with IT dept. if we have not received
Amol S Joglekar
(Expert)
02 August 2012
now a days for e filing IT dept normally releases before the year end. You need to keep a track with IT dept PRO.
02 August 2012
Ok...Is there any rectification mechanism available sir
Amol S Joglekar
(Expert)
02 August 2012
No. Not for time barred cases. For regular cases, rectification under section 154 is available.
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