ITR Refund adjusted with Outstanding Demand

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Kumar Sushank

General Manager - Finance

634 Points Posted on 11 December 2019

A demand raised by IT Department for AY 2010-11, ITR Refund is consistently adjusting with this demand.

1. How can I get settlement details, because we are getting only details that refund has been settled with the demand. whereas Refund amount is already increase due to interest add, so how can I confirm about exact settled amount.

2. Should I pay that demand as one time.

3. If it is paid by ITR Refund, then we would be liable any interest/penalty or not.

Thanks in advance!

Replies (3)

CA ABHAY GUPTA

Practice

1639 Points Posted on 11 December 2019

Kindly login into your account and under my action tab near profile tab select option for your action it will show your all outstanding demand and then check if there is still any amount outstanding pay from there..

ajeet singh

1064 Points Posted on 11 December 2019

Download 26as of the a.y. for which demand is outstanding u can contact me 8003810213

Kumar Sushank

General Manager - Finance

634 Points Posted on 13 December 2019

@ CA Abhay Gupta : Outstanding Demand Amount is showing on Income Tax portal, which is demanded by ITD. However, ITR Refund of Rs. 1,00,000/- has been already adjusted with this demand but it is still showing as demanded amount.

@ Mr. Ajeet Singh : The reason of this demand is below mentioned.

CA had entered the data in ITR as fake Challan which is not deposited by him, Amount was approx 4,00,000/-