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Undisclosed income, tds, deduction-refund due ?
Hello everyone,
one of my client was issued notice for assessment u/s. 143(2).
On going through records i found that income of Rs.300000/- from house property and TDS rs.30000/- was not included in the return of income. also there was housing loan interest (on let out property) rs.550000/- but only rs.150000/- was claimed in the return of income.
Now i have computed the total income tax tax correctly and there is refund of Rs.60000/-
My question
Will assessing officer grant refund to my client in the assessment?
Replies (1)
yes. you can file revised return and claim the refund, or in the hearing proces you may request the officer to consider the above points.
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