Itr intimation

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VANYA GARG (Querist)
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11 May 2012 Sir,
I had recd a intimation u/s 143 from the CPC Bangalore whereby a difference is showing among the tax refundable shown in col 40 and Net tax refundable shown in col 46 of the intimation.
The difference amounted to Rs. 800 and no clarification had been provided in the intimation regarding the deduction

Plz help me in this regard what must I do?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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12 May 2012 Compare the intimation with the original return and ascertain the difference. Most probably the difference may be due to non-allowablity of TDS claim.

Check whether you have filled in correct TAN and other details of TDS. Also view Form 26AS to check whether TDS is appearing in the Form.

Then correct the errors and file a rectification application.

VANYA GARG

VANYA GARG (Querist)
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12 May 2012 Thnkx for reply sir
The whole credit had been allowed in the intimation
This is shown as under:
TDS 15415 (as allowed)
Add Intt 300 (approx.)
Total tax refundable 15715

net amount refundable 15118

now i cant understand then reasons for difference. No past demand had been shown in the intimation

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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12 May 2012 If you can mail me the intimation i will try to ascertain the reason.

e-mail id is : sidcoolguy007@gmail.com

Otherwise call CPC.

VANYA GARG

VANYA GARG (Querist)
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12 May 2012 SIR
plz check ur e mail

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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12 May 2012 Column number 39 mentions that delay attributable to assessee is 5 months (you have filed return in Dec 2011 which was to be filed by 1.8.2011).

That is why there is a difference in the amount of refund.

However, the refund amount is lower than the refund amount claimed without interest.

Claimed - Rs. 15,415
Passed - Rs. 15,118

Call CPC and ask them.

VANYA GARG

VANYA GARG (Querist)
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12 May 2012 I had called CPC but they said this is out of purview of them.
They cant help me in this respect

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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12 May 2012 There is a difference of only Rs. 297. Tell the assessee that since you filed late return the difference is there.

VANYA GARG

VANYA GARG (Querist)
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12 May 2012 okies this will be told to the assessee.

But what is actual reason behind that?
Can CPC deduct the refund amount at its own discretion?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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12 May 2012 Actually the provision is that interest is payable to the assessee in case of delayed refund. However, where there is any delay on the part of the assessee, the period of delay attributable to the assessee is excluded from the period of refund.

But, this should not reduce the amount of the original refund.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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12 May 2012 By the way you are required to fill in the response sheet and provide the bank details of the assessee.

The response sheet is enclosed with the intimation.

Please follow the instructions in the intimation, otherwise the assessee will not receive the refund.

Message likes : 1 times

Ravishankar P

Ravishankar P (Expert)
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12 May 2012 Pls email me the intimation at ravisharath@gmail.com.

Will try and solve this for you

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