Income tax return

This query is : Resolved

Dhirendra singh (Querist)
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12 July 2010 Mr. R is a salaried assessee. In A/Y 2009-10 he has claimed refund. But at till he has not receive any response from deprt.
In A/Y 2010-11 he is liable to pay tax.
Q. What he can Adjust/set off such sum of refund in current A/Y. As in ITR there is no such Set off colum exist.

DR GAURAV GUPTA FCA, FCS, LL.B

DR GAURAV GUPTA FCA, FCS, LL.B (Expert)
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12 July 2010 no it cannot be adjusted u have to take refund from the depatt & deptt will pay ur refund with intt so dont worry

Rahul Gupta

Rahul Gupta (Expert)
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12 July 2010 Agreed with Mr.Gaurav. You can not claim the sett-off of refund in the current year tax. It needs to be obtained separately from the Department.

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