Income tax Refund

This query is : Resolved

anil (Querist)
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23 August 2016 Assessee has filled return last year for A.Y 2015-16, but has not sended ITR V to CPC BANGALORE now assessee is sending itr v whether he will get the refund as 120 days has passed from the date of filling the return or Department will consider as defective return. Please advise.

Ruchi

Ruchi (Expert)
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23 August 2016 No, the return will not be processed if ITRV is send after 120 days . You should file a revised return if the return was filed within due date and verify it by either sending acknowledgement to CPC Bangalore or e verify it. Then only you will receive the refund.

anil

anil (Querist)
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23 August 2016 Sir return is not filled within the due date..so now what is the remedy with the assessee.

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Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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31 July 2024 File a Belated Return: If within the allowed timeframe, file the return as a belated return under Section 139(4).
Pay Penalty: Be prepared to pay any applicable penalty.
Verify and Follow Up: Ensure proper verification and follow up with the Income Tax Department for any refund or issues.