tds refund

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kaushal vijaywargiya (Querist)
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17 February 2011 sir
in case of online filling cpc banglore how much amt cheque of tds refund can be prepared directly and transfer in ssess's account. in case of tds refund. thru ecs cpc will send for tds refund to our ito for processing or not

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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17 February 2011 CPC B'lore will process the online return and in case of refund they will give intimation to SBI Bombay to issue refund either in paper mode or under ECS as requested by the assessee in his/her/their return of income.

kaushal vijaywargiya

kaushal vijaywargiya (Querist)
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18 February 2011 how much time will take the cheque processing cpc banglore after return filling in case of refund

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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18 February 2011 Can't say the minimum period precisely,but the maximum cannot exceed one year from the end of the financial year in which the return is filed as a corollary to proviso to section 143(1) of the Income tax Act,1961.

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