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Income tax refund

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 June 2010 Hello,
I have to get refund from Income tax dept for the assessment year 2007-08 still I did not received. In FY 2009-2010 I have to pay income tax after calculation of income tax liability from two forms 16, Can I deduct refund amount yet to be received from income tax dept. and pay balance amount only to IT dept.
Regards,
Ramesh
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CMA RV Padmakumar.A

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CMA RV Padmakumar.A (Expert)
10 June 2010 Not possible...
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CA. Gurdeep Singh Chawla

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CA. Gurdeep Singh Chawla (Expert)
10 June 2010 cant adjust refund of earlier years
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
10 June 2010 AGREE WIT EXPERT.....THIS ADJUSTMENT IS NOT POSSIBLE...
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chetan soni

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chetan soni (Expert)
10 June 2010 agreed with experts.
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
11 June 2010 its not confirm to refund without assesment. and refund will come through cheque. its seperet things. you can not adjust it.
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