What is 'income tax refund order advice'?


This query is : Resolved 

(Querist)
15 August 2012 Hello,
I was awaiting refund of about Rs.68000/- for A.Y 2009-10.Instead I received a 'Income Tax Refund Order Advice' from SBI which says amount of Rs.1120 has been adjusted.
I don't understand this slip. Please explain in simple words if I will receive any money or has it been completely adjusted? If adjusted, where and how?

Thanks,
Sanjay

15 August 2012 You need to wait for the intimation order. Thisw is sent by income tax department. In case of e filing.... this is sent by CPC, Bangalore.

CA M Indani (Expert)
15 August 2012 dear friend,
Adjusted means- your refund which was due to you is adjusted against any demand from you which is pending...

Aftere sending intimation order only,dept adjusts your refund against pending demand..



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