Clarification on 143(1)

ITR 255 views 1 replies

Hello, 

I had efiled for my return and i received intimation 143(1) today , There is a mismatch in the refund i requested and the refund Income tax dept has calculated. The difference is due to interest on the refund amount.  I.e  they have added some 170 rupees in my refund.  So should i file for correction as there is a difference in amount claimed and amount calculated?  or is it ok if my claim is less than the refund calculated by Income tax dept.

 


Attached File : 1368399 1379673 14090431677 azhxxxxx3a a1.pdf downloaded: 107 times
Replies (1)

No need to revise your return as mismatch was only because of Interest. You can not calculate interest on refund and while refunding department pays you along with interest. Hence there always be that gap. No need to revise your return.


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