Income tax refund
This query is : Resolved
Querist : Anonymous
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
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
CMA RV Padmakumar.A
(Expert)
10 June 2010
Not possible...
10 June 2010
cant adjust refund of earlier years
10 June 2010
AGREE WIT EXPERT.....THIS ADJUSTMENT IS NOT POSSIBLE...
chetan soni
(Expert)
10 June 2010
agreed with experts.
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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