Release of refund
This query is : Resolved
15 August 2020
Dear Experts,
CPC has raised the demand for AY 2017-18 this was due to error in return data whereas as per return there was refund of 54000/-
However we filed the return for AY 2019-20 with the refund of 39649/- CPC has adjust the said refund of AY 2019-20 against the demand of AY 2017-18 with passing order U/s 245,
Later we have filed rectification for AY 2017-18 to correct the return data, hence accordingly CPC has passed the order correcting the return with initiate the refund of 54000/-
But refund of AY 2019-20 has not process yet which was adjust u/s 245,
Pls tell me what to do to release the said refund.
Thanks
Nikhil
CPC has raised the demand for AY 2017-18 this was due to error in return data whereas as per return there was refund of 54000/-
However we filed the return for AY 2019-20 with the refund of 39649/- CPC has adjust the said refund of AY 2019-20 against the demand of AY 2017-18 with passing order U/s 245,
Later we have filed rectification for AY 2017-18 to correct the return data, hence accordingly CPC has passed the order correcting the return with initiate the refund of 54000/-
But refund of AY 2019-20 has not process yet which was adjust u/s 245,
Pls tell me what to do to release the said refund.
Thanks
Nikhil
15 August 2020
File rectification for AY 2019-20.
16 August 2020
But sir there was No error in return of AY 2019-20 only refund was ajdust u/s 245,
However while filing rectification for AY 2019-20 what do I select in request type :-
1) return data correction or
2) only reprocess the return
However while filing rectification for AY 2019-20 what do I select in request type :-
1) return data correction or
2) only reprocess the return
16 August 2020
Select reprocess the return.
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