I expected a refund for IT Return for FY 2010-2011 but IT Department adjusted it against some demand raised against FY 2002-2003 & 2007-2008 though I had received refunds for FY 2004-05 & FY 2005-06. How this can happen? If there was a demand for FY 2002-2003 it could be raised or adjusted against refunds for FY 2004-2005 & FY 2005-06? if still needed a demand could be raised?. Till how many years IT Department can raise demand? Thanking you in advance. RAKESH
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Tax demand and refund
Replies (2)
How you come to know that the amount is been adjusted by ITD?
I registered with https://incometaxindiaefiling.gov.in for account (userid is PAN). After logging in to my account, I clicked to My Account & in the drop down menu selected 143(1) Refund ... & requested for report for AY 2011-12. The report arrived after couple of days & it gave the details of refund & its adjustment against demands.
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