Got excess income tax refund
This query is : Resolved
Chauhan Neha
(Querist)
10 November 2015
I am a salaried person working in govt school. I filed my income tax return before due date 31st aug 2015 for AY 2015-16. But i claimed higher tax credit than actual since on the date of filing my return, my 26 AS was showing the more tax credit. Therefore i filed my return according to form 26 AS. But when i checked 26 AS in the next month after filing, it was showing the less tax credit. I was about to file the revise return but mean while i got excess refund in my bank account based on my original return. Now the income tax portal is also showing the tax credit mismatch. Please suggest me the next course of action and means of returning the excess refund. Also tell me the rate of interest which can be applied on excess refund received.
Regards
Chauhan Neha
(Querist)
13 November 2015
Give ur kind suggestions.
13 November 2015
You may consult with your Assessing Officer in this regard.
Chauhan Neha
(Querist)
14 November 2015
Thank you Sir
14 November 2015
Give correct situations on your filings and convey him that no wrong intention on you to claim higher amount.
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
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
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
