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Refund calculated in Intimation 143(1) with some outstanding adjustment

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Manish

Software Engineer

104 Points Posted on 26 August 2023

Hi All,

Today I got ITR Intimation 143(1) in which Refund is calculate for rs 13290 along with some previous adjustment of 40 rs, so final refund amount it 13240. Now I have some queries regarding further processing:

From here, do I need to do anything from my side ?
I got another message for a transaction of rs 40 along with CRN no and mentioned as pending confirmation with bank. I didn't get it exactly. Won't this outstanding 40 rs be adjusted from refund amount as refund amount is higher than this outstanding amount.
How this message saying - confirmation from bank is awaiting. I haven't initiated any transaction fo rs 40 for any CRN.

As per my understandin this CRN is for IT department record and it will be adjusted from refund amount only. The message is inaccurate in my understanding. Please let me know if I have to do anything here.

Regards,

Manish

Replies (4)

Quick Summary

This discussion addresses queries about an ITR Intimation 143(1) where a refund was calculated alongside an outstanding adjustment. The user received a message about a pending bank confirmation for the adjustment amount, causing confusion as they hadn't initiated a transaction. Other users clarified that no action is needed from the taxpayer's side; the outstanding amount will be automatically adjusted from the refund, and a new CRN will be generated for this adjustment. The refund will be processed automatically if the bank account is validated.

Eswar Reddy S

CFO- at NHTF

15022 Points Posted on 28 August 2023

You need not do anything. You may get the refund automatically if the bank account is validated.

santosh kumar

student

95 Points Posted on 29 August 2023

You need not do anything. Department when adjust the outstanding amount out of refund a new CRN will be generated for such adjusted outstanding. Challan number will be generated after bank confirmation.