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It refund cancellation

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 March 2016 Due to some techincal mistakes in the ITR form of AY 2014-2015 my return has not been properly processed and Income tax department has issued refund cheque. I want to know that can refund order will be cancelled becoz this will lead to saving in huge interest amount.
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Suresh Ramaswamy

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Suresh Ramaswamy (Expert)
25 March 2016 The query is not clear - what interest amount are you talking of. Was the refund issued to you erroneously when it should have been a demand.

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