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Belated refund claim for ay 2010-11

491 views 1 replies

Pankaj

MBA

31 Points Posted on 10 October 2015

Dear All,

Please see the below mentioned case and advise :

A assesee deposited advance tax of Rs. 60000/- for AY 2010-11 but inadvertently put 2009-10 on challan. Due to this the same was reflecting in form 26AS for AY 2009-10. Consultant could not see the same in form 26 As for AY 2010-11 and calculate self assessement tax without considering Rs. 60000/-.Due to this he paid 60000/- extra tax for AY 2010-11. Even after this he received a wrong notice from income tax departmet to pay tax liability of Rs. 281000/-. After receiving the notice he approached me. I have gone through the file and found that he paid Rs. 60000/ extra tax. I have replied the notice to ITO and claimed the refunds of Rs. 60000/-. Now ITO has withdraw the demand but did not give setisfactory answer about the refunds of Rs. 60000/-. He has not claimed Rs. 60000/- in his original ITR filled on 31.07.2010. Now, he can not revise his return as last date is over. Please guide me how to claim refunds.

P K Singh

Replies (1)

S. Shiroor

Others

1212 Points Posted on 11 October 2015

If it is a physical return give application for rectification for AY 2009-10 along with a print out of 26AS for AY 2009-10.

if it is filed online - log in to your efiling account --> rectification--> AY --> comm No.

Say Tax credit mismatch and fill the advance Tax details such as BSR code, date and challan Id No. You should get refund in 3 weeks

If it is TDS you cannot claim it in that year. You can claim it in AY 2014-15[if not filed] or AY 2015-16 [if not filed ]by taking TDS amt as a income as well as tax credit. In TDS sheet . There is B/F column and FY and TAN No..