30 May 2015
One of our client had filed return for FY 2005-06 when everything was manual. The return showed Tax refundable. But refund did not took place. Is it possible to claim refund of such year?
and if yes, please tell me the procedure.
Also, my second doubt is.. if we are to get refund and we are filing return for subsequent year then can we set off granted refund for first year against tax payable for such subsequent year? or cannot be setoff?