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Interest on refund in case of revised return

1826 views 10 replies

I had revised my return where the refund amount remained unchanged. I want to know from which date will i be getting interest. The date from the original filing or the date from the revised return.

Replies (10)
from date of revised return
there is no date of revised return, the revised return step into shoes of original return i.e. the date of revised return is the date on which the original return was filed so period of interest will be counted from that date.
As delay is attributable to assessee , interest from revised return date

is there any document supporting this ?

 

wait for intimation 143(1)(a)
kapadia is right dear. CA abhay is wrong even though he is a CA
Section 244A deals with interest on income tax refund and provides for interest at the rate of 0.5% per month or part of the month on refund amount. Such interest shall be calculated from April 1st of assessment year till the date of grant of refund if refund is due to excess advance tax paid or TDS. In case of any discrepancy in the interest computation, you may raise an online request for rectification of the same by log in to your account.

hope your query is resolved.
dear CA your knowledge is bookish. kapadia is right. don't get offended plz.
Dear Samantha J, You donot have right to judge me Who I am? I think you tried to become CA but unable to do it. And plz do not reply because I don't want to go involve my self in argument with you as I have lots of other work to do so. And kindly visit my profile and check my tag line which is for you only.
I didn't judge you. I gave a way forward to the questioner. The answer I gave assumes that revised return was filed after getting notice. else your view is correct. don't get upset. I might be better qualified than you.


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