Revised return lying unprocessed since last 1 year.

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 August 2015 I filed my Income Tax return for the AY 2014-15 in july 2014 whereby I concluded with a refund of Rs. 3500/-. The very next day I noticed an income left from being declared in the ROI and to rectify the same I filed the revised return whereby the refund arrived as "NIL". Now after approx 3 months I got the refund into my bank account for the original ROI & now after 1 year the revised return is still pending. The status shown on income tax website is "Return Uploaded". Now is there any liability on me to deposit the amount of refund so granted? Although time limit for 143(1) has also elapsed.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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13 August 2015 Either you have not sent ITR V to Bangalore or it not reached if it has been sent. Now take a print out of ITR V for revised return and send it before October(time extension granted).

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Querist : Anonymous

Querist : Anonymous (Querist)

13 August 2015 Thank you for the reply sir but I had sent the ITR-Vs (revised as well as original) along. Shall I send it again? & thereafter will I be liable to pay back the amount with interest?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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13 August 2015 Send it again as status is uploaded only means non receipt of ITR V.

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