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.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
Featured ARTICLESHIP 04 August 2026
Article Trainee

Prish Consultancy LLP

New Delhi

CA Inter

View Details
Company
14 August 2026
Article Assistant CA Articleship

Eshwar & Co Chartered Accountants - Nungambakkam

Chennai

CA Inter

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
13 August 2026
Chartered Accountant (FP&A)

Client of Trellis Consulting

Gurgaon

CA

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
12 August 2026
Deputy Manager - Finance

RoamPrime Technologies Private Limited

Bengaluru

CA

View Details
FOLLOW
US ON