Incorrect refund details shown in ITR-V

Efiling 430 views 3 replies

shabi shahul

manager

29 Points Joined July 2011

I am a salaried individual from Bangalore, India. I had e-filed my tax using www.taxspanner.com. The ITR-V shows that I have tax refunds crossing more than 50k but I know that I am not supposed to get any refund. The cell 7b for TDS shows an exorbitant amount. However, I pretty sure that I had entered the correct amount in the portal while e-filing. Now I am myself doubtful whether there was a typo or a system glitch. I don't know what to do. I don't want to face any IT notice.

How can I correct this? Can I refile my returns? If so, then will the old ITR-V stands automatically cancelled in IT systems so, that I don't get the refund.

Replies (3)

BALASUBRAMANYA B N

CCI STUDENT....

44687 Points Joined January 2009

Yes you can revised the return and make correction of that.....

C.A. Jignesh N. Mehta

C.A.

1030 Points Joined January 2009

I would advice to get yourself registered with www.incometaxindiaefiling.gov.in . its a very simple process and you will get registered in maximum 10-15 minutes. After getting registered check your 26AS from my account link, get TDS details from 26AS and match it with the ITR-V.

Then and only then you will be able to reconcile the ITR-V and the credit in your PAN number.....

I hope this will help you with the proposed revise return you have to file.