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Income tax refund (urgent)

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This query is : Resolved

SACHIN KANSAL (Querist)
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03 March 2013 Income tax return of my mother for FY 2011-12 was filed by me in june 2012 claiming a refund of Rs. 7000/-. But yesterday department mail me intimation u/s 245 containing the fact of demand of Rs. 6100/- related to AY 2003-04 which they adjusted with refund amount. Now, help me how the said demand will be cancel or is there any alternative available for me.

Thanks in advance.

@VaibhavJ

@VaibhavJ (Expert)
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03 March 2013 Hi,

Yes IT dept can adjust tax recoverable against Tax refund due to an assessee.

If you think there is error in calculating tax for AY 2003-04 then you have to reply to ITO with facts.

Thanks!!

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