Regarding Refund against 147 order

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If your order 147 results in a refund after reassessment, you'll need to file an application with your jurisdictional Income Tax Officer (ITO). This application should include a copy of the Final Assessment Order and supporting financial documents that substantiate your refund claim.

Divyesh Ajmera

Divyesh Ajmera (Querist)
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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?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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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.

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Divyesh Ajmera

Divyesh Ajmera (Querist)
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24 December 2024 Where to file such application?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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24 December 2024 With your jurisdictional ITO.

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