Income tax Refund

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This query is : Resolved

anil (Querist)

23 August 2016 Assessee has filled return last year for A.Y 2015-16, but has not sended ITR V to CPC BANGALORE now assessee is sending itr v whether he will get the refund as 120 days has passed from the date of filling the return or Department will consider as defective return. Please advise.

Ruchi

Ruchi (Expert)

23 August 2016 No, the return will not be processed if ITRV is send after 120 days . You should file a revised return if the return was filed within due date and verify it by either sending acknowledgement to CPC Bangalore or e verify it. Then only you will receive the refund.

anil

anil (Querist)

23 August 2016 Sir return is not filled within the due date..so now what is the remedy with the assessee.

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)

31 July 2024 File a Belated Return: If within the allowed timeframe, file the return as a belated return under Section 139(4).
Pay Penalty: Be prepared to pay any applicable penalty.
Verify and Follow Up: Ensure proper verification and follow up with the Income Tax Department for any refund or issues.

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