07 November 2020
In AY 19-20, I had filed ITR return and Got refund for the same. This year, I am filing a Revised return for AY 19-20 ( Same year) and again getting a refund. What do I do?, What is the procedure? Kindly guide.
08 November 2020
what you are looking at is the refund as computed in the tax return. Any tax already refunded to you earlier will be adjusted at the time of processing. Only excess refund due, if any, will be credited. In case the tax refund amount is less than the original amount refunded, a new tax demand will be raised.
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