Regarding Refund against 147 order
This query is : Resolved
Quick Summary
24 December 2024
If there is refund in case of 147 order, then what is further procedure made against such order in order to claim such refund?
24 December 2024
After the reassessment process, the Assessing Officer (AO) issues a Final Assessment Order which may include a determination of refund due to the taxpayer based on the reassessed income.
The taxpayer must file an application for refund. This application typically includes:
A copy of the Final Assessment Order.
Any relevant documents that support the claim for refund, such as proof of tax paid and evidence of income reported.
The application should be accompanied by necessary documentation, including:
Reference number of the order leading to the refund.
Statements detailing financial records that substantiate the refund claim.
The taxpayer must file an application for refund. This application typically includes:
A copy of the Final Assessment Order.
Any relevant documents that support the claim for refund, such as proof of tax paid and evidence of income reported.
The application should be accompanied by necessary documentation, including:
Reference number of the order leading to the refund.
Statements detailing financial records that substantiate the refund claim.
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24 December 2024
Where to file such application?
24 December 2024
With your jurisdictional ITO.
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