Hi
I have an client who has been filed belated IT Return for AY 2019-20. He has refund of amount more than 3 lakhs is he is elegible to be claimed now or not.
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Belated refund is claimable or not
Replies (6)
Quick Summary
The taxpayer can file belated return and claim refund for 19 -20.
Thank u so much sir... can you please explain what all the documents needed for claiming the refund
Nothing required... only requirement is to file ITR... on processing, refund will be issued
Ok sir thank you so much
A refund is claimed when excess tax paid on your income during the year as per Section 244A of the Income-tax Act, 1961. However, in case of belated returns, you may lose the interest that would be due on the refund amount. In any case it is claimable.
I hope this helps.
Exactly it helped me sir thank you so much
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