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Excess refund granted by income tax authority


30 April 2012 Suppose refund of my client is Rs.5000(Rs.4000 return income + Rs.1000 interest) but the government granted refund of Rs.6000 to my client.
1) Should he has to refund to government again?
2) Under which section the excess deposition to government to be made e.g.Rs.1000?

01 May 2012 It does not happen practically that Income Tax has given excess refund. But even if it happens, you need to bring it to the notice of the concerned Income Tax Officer. It can be paid by way of ITNS Form No. 280 in the nature, self assessment tax.

02 May 2012 Very Very Thanks for reply of my querry


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