Section 245 compliance

My client return was upheld didto 245compliance.
i have refund for year 22-23 which was more than outstanding demand.
my query is if I pay the amount outstanding demand shall I get total refund.
or shall I intimate to adjust against refund.
i have not received 245 notice.
Replies (2)
Quick Summary
A client's return was upheld under Section 245, and they have a refund for 2022-23 exceeding the outstanding demand. The user is asking whether paying the outstanding demand will result in a full refund or if they should request the amount be adjusted against the refund. The advice given is to not pay the dues immediately, but to let them be adjusted from the refund to avoid potential complications in reclaiming the paid amount. It's also suggested to verify the exact outstanding demand, as correct demands may incur interest which could affect future refunds.

Don't pay dues now. Let it gets adjusted against refund. The system may not credit the payment before adjustment, and it may happen that you may have to run pillar to post for refund of the dues amount paid at this stage.

Rightnow don't pay dues,, let it be adjusted from your refund .. however it would be good to know the exact demand outstanding.. because if your outstanding demand is correct then interst U/s 220(2) will also be charged after adjustment of refund...and that would be adjusted against your refund for subsequent years ..

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register