Refund claim huge amount selection of scrutiny f.y.23-24


This query is : Resolved 

Quick Summary
This discussion addresses a taxpayer's concern regarding a £50,000 refund claim for the financial year 2023-24, filed under Section 44ADA with an advance tax payment of £2,20,000. The primary question is whether this substantial refund amount automatically triggers scrutiny. The response clarifies that the refund amount itself is not the sole criterion for selection for scrutiny, offering reassurance to the taxpayer.

06 July 2024 Sir,
Assessess sec 44ada provision itr filed f.y.23-24 advance tax payment rs:2,20,000/- refund claim rs:50,000/- .
Question:
Assessess refund claim amount huge selection of scrutiny provision applicable f.y.23-24

06 July 2024 No, that is not the criteria for scrutiny. .

28 August 2024 Good luck.


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