If I am filing a revised return as I am elgible for higher refund, Do I need to mention anywhere the refund received in original return or I have to fill it like original return (obviously with corrected details) and IT department will adjust the previous refund ?
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Original Return Refund in Revised return
Replies (9)
Quick Summary
Need not mention anywhere...fill like original returns ( corrected details). Dept will adjust previous refund
Yes. IT department will adjust the previous refund and pay you the balance refund with interest
Thanks Eswar and Raj for confirming this. I have submitted the revised return.
Most welcome........
You may get intimation under section 143(1) for revised return
@ Eswar I hope I don't have to do anything on that. Intimation under section 143(1) is just for refund. is that correct ?
Yes. It will show the ITR processing details
Yesterday Evening I filed the revised return and to my surprise in the morning I got refund credit SMS. That was really fast.
Just One more query - what if I would have not notice my mistake, would any point in future department detect that and initiate refund on their own or it would have been lost ?
It would have been lost sir
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