Intimation under section 245 of income tax act, 1961

119877 views 17 replies

Dear Sir

Thanks a lot for clarification.

Zeya Alam

U/s 245. You are informed that the refund from different year is being used to compensate for tax shortfalls for relevant year. 

This happens bcoz the tax credits you have claimed  are not visible in 26AS

Your  26 AS statement is not updated most probably bcoz your deductor has filed defective TDS return or not filed at all.

If your 26AS is complete you should goto your AO and give a copy of 26As statement and tell them not to  send Refund of different year to this AY.  This should be done quickly within specified period. 

If your 26AS  is not complete you should tell deductors to recitify their TDS return.

If status is U - it should be made F also .

Is it crystal clear now.

 

Thanks for your clarification.


CCI Pro

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