Income tax refund

I had filled an ITR of my sister which is a salary return. In the return, there was a Refund of Rs.14000. After that, i filled revised return showing no refund and no tax. Meanwhile, my sister received amount of Rs14000 as IT Refund in her Bank Account.

Its almost 4 months over and no Income Tax Demand of Rs.14000 received yet.

When its normally expected to receive demand in such case? Will they charge any Interest on the amount?

Replies (7)
Demand shall be raised by it department in new intimation of section 143.

You will receive the demand in next intimation.

Yes. They will be charging interest as well.

Vineet, can you tell me interest under which section?

No interest shall be charged krutika as it is a mistake on department side and not on your side Only demand of ₹14,000/- will be raised in the intimation u/s 143(1).
Check for any compliance in IT Login.
Their will be new demand by IT department with Interest .

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details