Refund calculation
This query is : Resolved
22 February 2013
sir/mam
I hv received a draft from income tax dept regarding refund but the amt of refund(including interest on refund u/s 244A is less then the amt calculated by us ,What should i do to get the calculation details of refund by dept???and plz also tell me the latest rate of interest u/s 244A.
Thankz in advance....
I hv received a draft from income tax dept regarding refund but the amt of refund(including interest on refund u/s 244A is less then the amt calculated by us ,What should i do to get the calculation details of refund by dept???and plz also tell me the latest rate of interest u/s 244A.
Thankz in advance....
CA Suraj Lakhotia
(Expert)
22 February 2013
You need to compare each line item of the calculation done by Income Tax department with your return.
You would get a intimation regarding the calculation from the department.
You would get a intimation regarding the calculation from the department.
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22 February 2013
sir we hv receivd a notice of demand along with a income tax computation form,but it has contained only income tax calculation in which they hv taken refund amt differ from us..
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