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.
CAclubindia
