Refund issue

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Hi sir Issue for refund... Supposed i filled return of income tax as on 31.7.2015 With refund of 10000 rs..i send itr to banglore in nov month but..itr received to banglore in december month due to error of postal departmem.. it reAch d banglore after 120 days and shown on income tax website as " itr recevied but after due date" me eligible for refund?? Yes or no? If yes then how much time d refund wil be credited in my bank account...&if no.. then what is d next procedure to get that refund back?? Reply plz to my querry..nd ya .thanks in advance...
Replies (12)

pls  put request on the income tax refund status or call to income tax toll no free andf put a rquest know the cvstatus of u itr refund stastu oe r within 6months uwill get the itr refund

Your refund return for claiming the refund of excess taxes paid can be filed within a period of two years from the end of the financial year for which the claim of refund is related.

  Hence you may be granted refund after verification of return bt department

 

Hi, If ITR reached to Bangalore after 120 days it will be treated as belated return, so he need to file revised return and sent to Bangalore else, he draft a letter to cbdt stating that it's postal error, submit proof to them, then it will processed, else after getting letter from it dept. We need to file rectification request throuh online.
@ Venky it can not be treated as belated return.... @ Visual u can request on efiling portal for refund reissue. .. .N further I want to know for which AY u filed return?? Is it for AY 2015-16?? If that is the case then u can everify ITR acknowledgement using the option and no need to send itr acknowledgement to Cpc Bangalore....
Ca minesh rawat sir. @ sir return was related with 15.16 a.y. nd due to having not aadhar no.. i have to send to banglore ..so sir i want to made refund request..sure sure?? Sir..plz reply me...
Sesa ..mam @ i will call sure mam.. thanks to reply mam..
Anand sir @ sir plz understand my querry properly..
Venky# @ r u sure??..
And plz.. u can contct for give to proper reply on my no.. 7383254265... Thanks to all..

conclusion of my answer

Even ITR received late, or it is belated return, refund claim can not be denied, you may ask them for refund status on portal. 

 and same answer was given by all the learned above but the way was different. Hope your query is reolved.....

    

Eventhough return will be treated belated, refund will be granted.

  • capital loss or loss from business or profession to be carried forward
  • return of income is filed after the due date, interest u/s 234A will be payable.  if there is already tax has been deducted from the income of the assessee or advance tax has been paid by the assessee and there remains no tax to be paid after such T.D.S or advance tax then no interest is levied u/s 234A for filing the return after the due date.
  • It is to be noted that a penalty of Rs 5000 may be imposed u/s 271F

Rectification return cannot be filed on belated return. Hence you can get the refund.

Thanks to all sir...thanks..


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