REGARDING ITR U/S 148 OF THE INCOME TAX ACT, 1961
This query is : Resolved
11 September 2024
If party has paid Tax with interest while filing Original return u/s 139(1)
So now in assessment proceeding Return to be filed u/s 148 There is no interest showing while generating computation of income and amount refundable is showing in computation
So can we claim refund while filing return u/s 148?
So now in assessment proceeding Return to be filed u/s 148 There is no interest showing while generating computation of income and amount refundable is showing in computation
So can we claim refund while filing return u/s 148?
11 September 2024
Yes, you may claim; but finally it will be assessed with interest till the date of submission of the revised ITR.
11 September 2024
The assesse has not revised his ITR only computed Tax Liability with interest
Now we have been given Fresh opportunity to file ITR u/s 148 when we add challan in the ITR we have Amount refundable showing of interest amount paid
Now we have been given Fresh opportunity to file ITR u/s 148 when we add challan in the ITR we have Amount refundable showing of interest amount paid
11 September 2024
Yes, you file as per the utility / calculation; rest the officer will take care.
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