Expecting refund but updated return filed under u/s 139(8A)
This query is : Resolved
21 February 2024
Hi Sir,
My CA filed return for AY22-23 incorrectly considering only one form16a instead of two ( I had company transfer and so had two form 16s) as a result I got a tax notice.
For correction she filed updated return u/s 139(8A) which got rejected with "Updated return filed not complete hence not valid". After this updated return, there is no tax liability shown in portal but I am expecting refund since I have paid more taxes during that year.
Please suggest how to proceed.
Thanks,
Sonal
My CA filed return for AY22-23 incorrectly considering only one form16a instead of two ( I had company transfer and so had two form 16s) as a result I got a tax notice.
For correction she filed updated return u/s 139(8A) which got rejected with "Updated return filed not complete hence not valid". After this updated return, there is no tax liability shown in portal but I am expecting refund since I have paid more taxes during that year.
Please suggest how to proceed.
Thanks,
Sonal
21 February 2024
refund not possible in updated return.
27 February 2024
Thanks Sir, is there anything that can be done in this matter either through "raise grievance" for refund or carry forward this excess tax paid to next year ? Or simply the money has been lost.
26 May 2024
No. The tax paid cannot be carried forward to any future year.
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