143(1) and demands

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 April 2011 Sir/Madam,

My relative have E-filed his return for A.Y 10-11 during november. He claimed his refund for the amount Rs.62550.But he received a cheque only for Rs.51500. Full TDS amount have been credited in his 26AS account.. He made a mistake while e-filing, mentioned a TAN number wrongly.. He is having a cheque with him for Rs.51500 from ITD. should he put the cheque in the bank or return it.. What should he do.. Pls do me the needful.. THANKING U.

CA. Deepak Narula

CA. Deepak Narula (Expert)
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23 April 2011 it is better to encash it and file a rectificaiton u/s 154 online and get the balance amount. the department will check at its end and will issue a cheque of balance amount only.

it is my personal view only.