Suppose for someone, total tax payable is Rs1503 and TDS deducted is Rs1288. He calculates self assessment tax Rs (1503-1288)=Rs215. To round off, he deposits tax Rs220. Now in ITR-1 form "tax paid and verification" section shows refund for Rs5. Should he keep it as it is?
Second, in "income details" section, what should he mention at "tax status"? "tax refundable" or "nil tax balance"? which one is appropriate in this case?
Third, if he is not using digital signature, shold he leave blanck the "sign here" cell in "tax paid and verification" section? In fact excel does not allow user to write here. But this is crucial, to uplaod return without anything like signature: will there be problem or is it normal since ITR-V will have to be sent here?
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