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Belated refund is claimable or not

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Student
19 Points Posted on 01 December 2020
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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On 01 December 2020 at 19:08 Report
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205 Points Posted on 01 December 2020
The taxpayer can file belated return and claim refund for 19 -20.
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On 01 December 2020 at 21:50
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Student
19 Points Posted on 01 December 2020
Thank u so much sir... can you please explain what all the documents needed for claiming the refund
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On 01 December 2020 at 22:05
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12244 Points Posted on 02 December 2020
Nothing required... only requirement is to file ITR... on processing, refund will be issued
35 Reply
On 02 December 2020 at 01:19
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Student
19 Points Posted on 02 December 2020
Ok sir thank you so much
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On 02 December 2020 at 09:19
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1240 Points Posted on 03 December 2020
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.
3 Reply
On 03 December 2020 at 02:16
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Student
19 Points Posted on 03 December 2020
Exactly it helped me sir thank you so much
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On 03 December 2020 at 09:28


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