Incorrect refund details shown in ITR-V

Efiling 2794 views 14 replies

 

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 (14)

when incometax india has offered you free tax filing utility, why to get addicted to these services?

if you have copy of your return filed then take a print out and match your records, then tally with ITR V

 

DONT SEND YOUR ITR V TO CPC RIGHT NOW UNLESS YOU GET SURE OF YOUR RETURN CALCULATION 

if you find the return defective then manually file paper return this year and forget the return filed, which would be rejected by CPC after 120 days in absence of ITR V

Better file a revised return showing the correct details

I think you need to send both the original as well as the revised returns to the incometax department.

Also complain at taxspanner as they are a resposible intermediary

revised return means doubtful in incometax eyes, 

1st reconcile your tax return, then thinik about it.

I did reconcile my tax return with the help of my finance department personnel today. They calculated it manually and confirmed that what is stated in ITR-V is wrong and may possibly because of a typing mistake from my end or a system glitch.

Agree with Mr. U S Sharma's first reply. But once you file Revised ITR, this Revise ITR will supercede the original ITR. Hence, there is no problem in sending Revised ITR also, if you wish so. 

Originally posted by : shabi shahul

I did reconcile my tax return with the help of my finance department personnel today. They calculated it manually and confirmed that what is stated in ITR-V is wrong and may possibly because of a typing mistake from my end or a system glitch.

get help of office or file it in paper form for this year, as already a mistake has been taken place, and now revision of the same, so let the filed return get expired (120 days time is there for ITRV then it will expire auto) without getting in process ( unless you submit ITRV, it would not get authorized)

file paper return with correct data

Please reconcile your correct data with the data in XML file uploaded on Income Tax Deptt's website to find out error due to data entry or due to software problem.

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.

E-filing should be done using only www.incometaxindiaefiling.gov.in

Hi,

 

File revised return and the return filed earlier automatically cancelled and your refund (if any) will be issued based on the revised return only.

Better you go for manual filing & do not send the ITR V to the CPC. It will get cancelled within 120 days

File a revised return. No problem at all. Dont worry about the comments that revised return will attract department eye and all that. It could be a typing error or any error because of using unauthorised website. E-file your return only through incometaxindiaefiling.gov.in.

In case you have any prob, go to a CA who will help you do it.

Originally posted by : jignesh mehta

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.

I am a salaried individual from Delhi, India. I had e-filed my tax using www.webtel. The ITR-V shows  worng calculation in after deduction under chapter VI-A . The cell 3 for Total income shows worng 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 even I have not sent ITR-V till today. Please tell me How can I correct this? Can I refile my revised returns A.Y. 2010-11

 


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