Refund
This query is : Resolved
21 November 2015
WHILE FILING INCOME TAX RETURN FOR AY 2014-15.. MY CLIENT HAS NOT CLAIMED ANY REFUND...AFTER THAT IT DEPARTMENT SENT DEMAND ORDER IN WHICH DEPT. HAS NOT CONSIDERED RS 101600/- OF TDS AND RAISED DEMAND FOR THE SAME AMOUNT...
AFTER THAT I HAVE SUBMITTED RECTIFICATION REQUEST FOR THAT TDS AMOUNT..
THEREAFTER DEPT. CALCULATED REFUND OF RS. 35000/- AROUND...
NOW CAI I REVISE MY TAX AUDIT REPORT AND IT RETURN CLAIMING REFUND
AFTER THAT I HAVE SUBMITTED RECTIFICATION REQUEST FOR THAT TDS AMOUNT..
THEREAFTER DEPT. CALCULATED REFUND OF RS. 35000/- AROUND...
NOW CAI I REVISE MY TAX AUDIT REPORT AND IT RETURN CLAIMING REFUND
21 November 2015
At this stage it is not a good practice to revise tax audit report. However, if your client has disclosed the income covered in 26AS, seek a revision u/s 264 of the Income tax Act,1961.
21 November 2015
THANK YOU SIR.
WOULD YOU PLEASE ELABORATE THE PROCEDURE TO REVISION U/S 264
WOULD YOU PLEASE ELABORATE THE PROCEDURE TO REVISION U/S 264
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