Income tax return has been selected under risk management process

I also got the intimation for refund but refund hasn't reflected yet. 

I also got the intimation for refund but refund hasn't reflected yet. 

Hi Mr. Ahkil, Let me explain through steps wise, Step 1 : You have have selected option 1. Step 2 : Now again you have filed a revised return for your original return. Step 3 : If in case IT Department Processed your Original return instead of revised one. Step 4 : You will receive your refund which is claimed as per your original return. Step 5 : Now they will look into your revised return and they will process this return too and sends an outstanding demand, if in case refund amount is lesser than refund mentioned in your original return. Now simply you have to pay back difference amount of refund which you have received in excess of your revised refund. If you are not interested to pay back your refund, there is other process too, for that you need to contact your CA.

Siva A CA

Hi Mr. Ahkil, 
Let me explain through steps wise, 
Step 1 : You have have selected option 1. 
Step 2 : Now again you have filed a revised return for your original return. 
Step 3 : If in case IT Department Processed your Original return instead of revised one. 
Step 4 : You will receive your refund which is claimed as per your original return. 
Step 5 : Now they will look into your revised return and they will process this return too and sends an outstanding demand, if in case refund amount is lesser than refund mentioned in your original return. Now simply you have to pay back difference amount of refund which you have received in excess of your revised refund.

 If you are not interested to pay back your refund, there is other process too, for that you need to contact your CA. 

Siva A CA

Thank you shiva and Harsha. Can you please tell me the other process if i am not interested to pay back the amount that got refunded.

Hi Ahkil,

Call us @ 85 - Two- Two-857-OO8
SA & Associates

So finally I received my intimation 143(1) yesterday. I received risk management email on 5th January and replied back with option 1 on 5th January. However I noticed that my HRA exemption was wrong on 11th Jan and immediately I filled a revised 139(5) ITR on 11th. In my ITR intimation revised acknowledgement number was mentioned and refund amount was as per revised ITR. No status changes in portal so far, everything remains same, no status changes in the portal. Still original is showing on progress and revised is e-verified. I will keep posting the updates here. 

Update: As of today, 11 AM, no changes on portal, still no updates, however NSDL site has been updated and showing refund information has been forwarded to SBI.

Update: Refund amount got credited this morning. No changes in the status. 

HI 

 

I have received mail to respond under worklist > for your action 

response need to be submitted within30 days,( 5th Feb ) how ever when i opened portal today there was no actions pending. What to do in this case ?

 

Regards

Divyanshu

I received intimation on 28th December but tax refund not credited yet. It is more than a month now. Bank account validated. CPC morons are useless.   

Any clue?

Thank you 

Hi,

I received today risk management on 5th January and replied with option 1 on same day. But till now I didn't get any response from incomtax department. Please let me know if any have still face same problem.

Same with me. I had also replied with option 1 on 6th Jan but no update till now.

Hope for the best in case if you have selected option 1... For some assessees IT DEPARTMENT will also come up with further notice which will asks you to further provide supporting documents for which you have claimed deductions under various sections.In case if you provide your documents, matter will be closed and refund will be processed.. 🙏

Has anyone received further notification from IT dept asking for supporting documents on either selecting option 1 or 2 (revise)?